What was the fixed overhead spending variance

Assignment Help Accounting Basics
Reference no: EM131782665

Question - Standard fixed overhead rate for the Dempsey Company is $2 per direct labor hour calculated based on 26,000 hour expected capacity. Actual fixed overhead for the month is $51,350. Each unit requires 2 hours of direct labor. Each unit requires 20 minutes of direct labor. If 13,200 units were produced, what was the fixed overhead spending variance?

Reference no: EM131782665

Questions Cloud

Problems and write complete answers : Show all work as you solve the following problems and write complete answers, including appropriate units. 24.) Alberto left school and drive toward he lake.
How should you handle the exceptional situation : Suppose you are implementing a method to compute a formula that involves dividing a quantity by a variable x.
Simplify the radical expressions : Simplify the radical expressions. 21.) v384m^3p^4q^4 22.) (1+ v2)(-5-2 v2) Solve the equation and show the check if the potential answer(s).
Discuss accounts receivable and cash budget : Schedule of Cash Collections on Accounts Receivable and Cash Budget
What was the fixed overhead spending variance : Each unit requires 20 minutes of direct labor. If 13,200 units were produced, what was the fixed overhead spending variance
Perform the indicated operation and simplify : Perform the indicated operation and simplify. 14.) (3x^4-3x+3x^3)-(7x^3-5x^4+7) Multiply as indicated and simplify. 15.) (b+7)(7b^2-3b-2)
Create a doubly linked list dll that has instance variables : Suppose you create a doubly linked list DLL that has three instance variables: head, tail, length. The data is stored in Node objects with next and prev.
What is omega after-tax wacc : Omega Corporation has 10 million shares outstanding, now trading at $55 per share. What is Omega's after-tax WACC
Describing the modifier method : You could check the invariant in each modifier method just before it returns and throw an exception if the invariant fails.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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