What was the overhead spending variance for the month

Assignment Help Accounting Basics
Reference no: EM133041442

Question - Actual direct labor for the month of June totaled 14,500 hours compared to an allowed standard of 15,000 hours. Total actual overhead was $33,000. The standard overhead application rate is $2.25 per direct labor hour. What was the overhead spending variance for the month?

a. $375 favorable

b. $375 unfavorable

c. $750 favorable

d. $750 unfavorable

Reference no: EM133041442

Questions Cloud

Apply the big five personality model : Identify someone who is a well-known, public figure. Apply the Big Five Personality Model to this individual. You should plan to discuss to what extent he/she m
What is the amount that he will have to save every year : Mike White is planning to save up for a trip to Europe in three years. What is the amount that he will have to save every year to reach his goal of $7,500
Organizational strategy and the business plan : Discuss how a manager might make sure that the performance plan for each of her direct reports was driven by organizational strategy and the business plan
Balancing corporate and social responsibilities : Determine the ethical considerations for balancing corporate and social responsibilities and Describe the background of the industry and its customer base
What was the overhead spending variance for the month : The standard overhead application rate is $2.25 per direct labor hour. What was the overhead spending variance for the month
Discuss the various reasons system implementation fails : 1. Discuss the various reasons system implementation fails. Compare and contrast various change models. Then select a change model to use during system
Retaliation against workers for exercising ohs rights : Go online to access the OHSA and the (links to both provided on the e-class site) (or use the CanLII website (), to find any jurisdiction's occu
Common law reasonable notice : 1) Rina worked for McCain Foods for 12 years when she was fired, along with a couple of other employees, including her boss, Guido, who has been working for the
Compute the company provision for income taxes : Pepco Company pays quarterly taxes as required by the IRS. Add (subtract) temporary differences: ($110,000). Compute the company provision for income taxes

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