What is the variable overhead spending variance

Assignment Help Financial Accounting

Reference no: EM13825359

The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Standard hours per unit of output -------- 5.0 hours

Standard variable overhead rate --------- $13.45 per hour

The following data pertain to operations for the last month:

Actual hours ------------------------------------------------ 3,300 hours

Actual total variable manufacturing overhead cost --- $45,375

Actual output ----------------------------------------------- 800 units

What is the variable overhead spending variance for the month?

a. $1,200 F

b. $9,625 F

c. $8,425 F

d. $990 U

Reference no: EM13825359

Questions Cloud

What is the variable overhead efficiency variance for month : The following standards for variable manufacturing overhead have been established for a company that makes only one product: What is the variable overhead efficiency variance for the month?

Preparing and analyzing an annual report for a company : This problem belongs to Accounting and it is about collecting, preparing and analyzing an annual report for a company listed on the Australian Securities Exchange. For this purpose, the data from Billabong International Ltd has been taken

Central depository system and a central security depository : What is the difference between a central depository system and a central security depository

Is affirmative action allowable discrimination : Is "Affirmative Action" allowable discrimination? Putting aside the question of how effective affirmative action is, is it logical for government to sanction some discrimination and prohibit other discrimination?

What is the variable overhead spending variance : What is the variable overhead spending variance for the month?

Sales budget-including schedule of expected cash collection : Sales forecast: January: 1,100 units; February: 1,500 units; March: 2,300 units; April: 2,500 units. The unit sales price is $38. All sales are on credit and collections are 30% in the month of sale and 70% the following month. Based on the informati..

Compare radical behaviorism and cognitive science : Discuss skinnerss two mistakes according to staddon in additon to staddons criticism of skinners argument against the Autonomous man

What type of price discrimination they are engaged in : The problem belongs to Economics, Micro-economics and it is explain the problem about Coke being a monopolist and does it engage in price discrimination and the type of price discrimination that coke is engaged in the answer.

Sustainable business improvement in a global corporation : Sustainable Business Improvement in a Global Corporation: Shell Services

User Account

All Pages