24. The following fixed overhead data relates to a company that uses machine hours to allocate fixedmanufacturing overhead:ProductionMachine-hoursFixed overhead costsActual41,000 units6,020 hours$125,500What is the amount of fixed overhead allocated to production?A) $117,000.00B) $123,000.00C) $125,500.00D) $128,210.13ProductionMachine-hoursFixed overhead costs25. The following fixed overhead data relates to a company that uses machine hours to allocate fixedmanufacturing overhead:B) $400 unfavorableC) $1,056 favorableD) $1,056 unfavorableStatic Budget39,000 units5,850 hours$117,000Actual53,400 units1,960 hours$86,520What is the fixed overhead spending variance?A) $400 favorableStatic Budget53,000 units2,120 hours$86,920

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Description: 24. The following fixed overhead data relates to a company that uses machine hours to allocate fixedmanufacturing overhead:ProductionMachine-hoursFixed overhead costsActual41,000 units6,020 hours$125,500What is the amount of fixed overhead allocated

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24. The following fixed overhead data relates to a company that uses machine hours to allocate fixed manufacturing overhead: Production Machine-hours Fixed overhead costs Actual 41,000 units 6,020 hours $125,500 Static Budget 39,000 units 5,850 hours $117,000 What is the amount of fixed overhead allocated to production? A) $117,000.00 B) $123,000.00 C) $125,500.00 D) $128,210.13

24. The following fixed overhead data relates to a company that uses machine hours to allocate fixed manufacturing overhead: Production Machine-hours Fixed overhead costs Actual 41,000 units 6,020 hours $125,500 Static Budget 39,000 units 5,850 hours $117,000 What is the amount of fixed overhead allocated to production? A) $117,000.00 B) $123,000.00 C) $125,500.00 D) $128,210.13

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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