Solution-What the variable overhead efficiency variance for

What the variable overhead efficiency variance for september

Assignment Help Managerial Accounting

Reference no: EM132552851

Question 1: Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.3 hours per unit. The variable overhead rate standard is $5.50 per hour. In September, the company produced 2,000 units using 590 direct labor-hours. The actual variable overhead rate was $5.70 per hour. The variable overhead efficiency variance for September is:

Option a: $57 U

Option b: $55 U

Option c: $57 F

Option d: $55 F

Reference no: EM132552851

Questions Cloud

Think about how you handle stress : Think about how you handle stress. Then write down a few sentences on how your body handles stressors and which hormones are involved.

Disappear into cyberspace obscurity : Would you give the digital rights to all your texts, emails and uploads to someone or have them disappear into cyberspace obscurity?

Prepare journal entry to transfer costs from work in process : Prepare a journal entry to transfer costs from Work in Process to Finished Goods.Sweeten Company had no jobs in progress at the beginning of March

Implement systems to plan and control business operations : Calculate both return on investment and residual income and explain how each method is used and Appraise how pricing decisions are made

What the variable overhead efficiency variance for september : What The variable overhead efficiency variance for September is?Novelli Corporation makes a product whose variable overhead

Business model map and strategic group map : Utility of Mapping After viewing the videos below and reading discuss what you believe is the value of a business model map and a strategic group map.

What if the transfer price were set : What if the transfer price were set at P380? What effect would this have on the minimum price set by the marketing manager?

Is there any evidence in the financial statement : Is there any evidence in the financial statement of 2016 that colgate is acheiving its world wide strategy? is the company improving profitability

Analyzability-core technology and interdependence : Analyzability, core technology, interdependence, joint optimization, lean manufacturing, non-core technology, service technology, small-batch production,

User Account

All Pages

What the variable overhead efficiency variance for september

Reference no: EM132552851

Reference no: EM132552851

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT