7 TB MC Qu. 9-82 (Algo) Dill Company has a fixed overhead spending variance of... eBook References 이 Help Save & Exit Subr Dill Company has a fixed overhead spending variance of $5,700 unfavorable. During July, Dill budgeted production of 6,300 units, it actually produced 6,500 units, and it actually spent $80,400 on fixed overhead. How much was budgeted fixed overhead? Multiple Choice O O $74,700 $75,562 $80,400 $86,100

7 TB MC Qu. 9-82 (Algo) Dill Company has a fixed overhead spending variance of... eBook References 이 Help Save & Exit Subr Dill Company has a fixed overhead spending variance of $5,700 unfavorable. During July, Dill budgeted production of 6,300 units, it actually produced 6,500 units, and it actually spent $80,400 on fixed overhead. How much was budgeted fixed overhead? Multiple Choice O O $74,700 $75,562 $80,400 $86,100

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 20E: Calculating amount of factory overhead applied to work in process The overhead application rate for...

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ABC Inc. spent a total of $48,000 on factory overhead. Of this, $28,000 was fixed overhead. ABC Inc. had budgeted $27,000 for fixed overhead. Actual machine hours were 5.000. Standard hours for units made were 4,800. The standard variable overhead rate was $4.10. What is the variable overhead rate variance?
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MC Qu. 6-26 Ralston has the following budgeted costs... Ralston has the following budgeted costs at its anticipated production level (expressed in hours): variable overhead, $172,200; fixed overhead, $330,000. If Ralston now revises its anticipated production slightly upward, it would expect: Multiple Choice total fixed overhead of $330,000 and a lower hourly rate for variable overhead. total fixed overhead of $330,000 and the same hourly rate for variable overhead. total fixed overhead of $330,000 and a higher hourly rate for variable overhead. total variable overhead of less than $172,200 and a lower hourly rate for variable overhead. total variable overhead of less than $172,200 and a higher hourly rate for variable overhead.
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HKmilk Co. has budgeted fixed manufacturing overhead of S14, 275 andbudgeted production of 2, 049 units for April. In April, the fixed overheadvolume variance was favorable S2, 502,and overhead was underapplied by Sl, 894 ?What was the actual amount of fixed manufacturing overhead that HKmilkCo. incurred in April?
p19 What was the fixed overhead budget variance for the month?
Moon Manufacturing budgeted fixed overhead costs of $2.75 per unit at an anticipated production level of 1,400 units. In July the company incurred actual fixed overhead costs of $3,900 and actually produced 1,200 units. What is Moon's fixed overhead volume variance in July? OA. $50 favorable OB. $550 unfavorable C. $50 unfavorable OD. $550 favorable
Calculating the Fixed Overhead Spending and Volume Variances Standish Company manufactures consumer products and provided the following information for the month of February: Units produced 131,000 Standard direct labor hours per unit 0.20 Standard fixed overhead rate (per direct labor hour) $2.50 Budgeted fixed overhead $65,000 Actual fixed overhead costs $68,300 Actual hours worked 26,350 Required: 1. Calculate the fixed overhead spending variance using the formula approach. $ Favorable Unfavorable 2. Calculate the volume variance using the formula approach. $ Favorable Unfavorable 3. What if 129,600 units had actually been produced in February? What impact would that have had? Indicate what the new variances would be below. Fixed Overhead Spending Variance $ Favorable Unfavorable Volume Variance $ Favorable Unfavorable
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