What is yama industries fixed overhead budget variance

Assignment Help Managerial Accounting
Reference no: EM132528272

Yama Industries recorded the following budgeted and actual information relating to fixed overhead costs for its Q-Line of products:

Standard fixed overhead per direct labor hour: $4.50

Standard direct labor hours per unit: 0.25

Budgeted production: 3,250

Budgeted fixed overhead costs: $3,656.25

Actual production in units: 3,400

Actual fixed overhead costs incurred: $2,900.00

Question 1: What is Yama Industries fixed overhead budget variance?

Reference no: EM132528272

Questions Cloud

Identify company that has had recent ethical failure : Identify a company that has had a recent ethical failure. Identify 2-3 cultural "signals" that might have suggested such a collapse was possible.
Analyse organisational change and propose recommendations : Analyse organisational change and propose recommendations with the aim of improving the situation. This project seeks to create a case study of an organization
Explain interrelationship between classifications of crimes : Analyze and argue both sides of the following two issues. In your responses, be sure to explain the interrelationship between the classifications of crimes.
What is the fixed manufacturing overhead volume variance : Yama Industries builds playground equipment ,What is the fixed manufacturing overhead volume variance in this period? is it favorable or unfavorable
What is yama industries fixed overhead budget variance : What is Yama Industries fixed overhead budget variance? Yama Industries recorded the budgeted and actual information relating to fixed overhead costs
Cloud computing and digital forensics : Do a bit of research on the hearsay rule in legal proceedings. Discuss, how BPaaS reduces risk for commercial enterprises.
What the profitability index for the investment is : What The profitability index for the investment is? The management of Tony Corporation is considering the purchase of a new machine costing $400,000
Firewall security strategies : You are provided a handout describing a scenario and the various firewall security strategies. Which strategies allow for the retention of data integrity?
What variable manufacturing overhead rate variance in march : What is the variable manufacturing overhead rate variance in March? is it favorable or unfavorable.Yama Induestries designs and manufactures bathtubs

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd