What variable overhead efficiency variance for pleiss corp

Assignment Help Financial Accounting
Reference no: EM132770401

Problem 1: Pleiss Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's standard variable manufacturing overhead rate is $2.40 per machine-hour. The actual variable manufacturing overhead cost for the month was $5,240. The original budget for the month was based on 2,100 machine-hours. The company actually worked 2,270 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 2,280 machine-hours. What was the variable overhead efficiency variance for the month?

Reference no: EM132770401

Questions Cloud

Compute the balance of retained earnings at december : On February 1, the company declared and paid a $0.50 cash dividend. At December 31, 2019, the balance of retained earnings is?
Impact of resource allocation within rural communities : Explain the possible impact of resource allocation within a rural communities. Discuss the factors that may affect the quality of care by reducing healthcare.
Fns40815 certificate 4 in finance and mortgage broking : I have never done this before I'm not sure what else you need from me. It is just a question about case study below.
Economic outlook of the country and the world : Examine how strategic corporate social responsibility effects the health of the financial markets? What do you think is the impact of the pandemic to the econom
What variable overhead efficiency variance for pleiss corp : The company's standard variable manufacturing overhead rate is $2.40 per machine-hour. What was the variable overhead efficiency variance for the month?
How do you reconcile this apparent contradiction : How do you reconcile this apparent contradiction? Your response should differentiate between legally required and discretionary benefits and the role that they
Identify the different types of healthcare payment models : Identify the different types of healthcare payment models that could be utilized by Metropolitan Memorial. Discuss possible ways the payer mix may impact.
Find what is the labour rate variance for the month : Find What is the labour rate variance for the month? Standard labour hours per unit of output9.0 hours. Standard labour rate£15.10 per hour
What is the length of cash conversion cycle : Assuming a 365-day year, what is the length of its cash conversion cycle?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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