You gave me unhelpful why???you answered my questions also but i am not giving unhelpful to you. 10. Budgeted hours: 2,000, Actual hours: 1,800.Overhead rate: 20/hour.Calculate: Under-absorption or over-absorption ofoverheads.↓

Calculate Applied (Absorbed) OverheadApplied Overhead = Actual Hours×Overhead Rate…

Answered: 10. Budgeted hours: 2,000, Actual…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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5. A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate given the following independent allocation bases? Budgeted direct labor hours: 60,000 ? per ?. Budgeted direct labor: $1,500,000 ? per ?. Estimated machine hours: 100,000 ? per ?. PLEASE NOTE: Predetermined overhead rates will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67). The rates will include their proper label according to the textbook examples (no abbreviations).
10. The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.70 6,000 hours at S12.00 Actual costs What is the direct labor time variance? a. $18,000 favorable b. $18,000 unfavorable c. $17,550 unfavorable d. $17,550 favorable
the budgeted direct labor cost per unit of Product T is closest to: 9.10 10.50 7.00 15.75
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Pléase Answer Jkl And M Here + eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Update Print Item Each unit requires direct labor of 2.30 hours. The labor rate is $11.70 per hour and next year's direct labor budget totals $861,120. How many units are included in the production budget for next year? Do not round intermediate computation. units Previous Next
A company absorbs overheads on machine hours. In a period, actual machine hours were 22,435, actual overheads were $496,500 and there was over absorption of $64,375. What was the budgeted overhead absorption rate per machine hour (to the nearest $)? A 19 B 22 C 25 D 27
Accounting....
119.the Fixed overhead efficiency variance is nearest to??A. P710 U B. P730 UC. P740 UD. P790 U
Calculate the labor efficiency variance: Labor costs: Budgeted costs (per unit) 2.25 hours at € 16.40 per hour based on 350 units. Actual: Units: 310 Hours: 620 Labor cost: € 10, 540 a. €1, 435 favourable b. € 1,271 favourable c. € 899 favourable d. €1, 435 adverse
14. The following data relate to direct labor costs for the current period: 1,800 hours at $12.75 2,100 hours at $11.50 Standard costs Actual costs What is the direct labor rate variance? a. $3,825 unfavorable b. $3,825 favorable c. $2,625 unfavorable d. $2,625 favorable

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10. Budgeted hours: 2,000, Actual hours: 1,800. Overhead rate: 20/hour. Calculate: Under-absorption or over-absorption of overheads. ↓