Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2.40 DLH per unit. For March, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $159,640. Overhead Budget Production in units Budgeted variable overhead Budgeted fixed overhead 80% Operating Levels 10,000 $ 72,000 $ 84,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 24,000 DLH, computed as 10,000 units 2.40 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance.

Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2.40 DLH per unit. For March, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $159,640. Overhead Budget Production in units Budgeted variable overhead Budgeted fixed overhead 80% Operating Levels 10,000 $ 72,000 $ 84,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 24,000 DLH, computed as 10,000 units 2.40 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance.

Name: Please help me with all answers thanku Blaze Corporation allocates ove
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Please help me with all answers thanku Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2.40 DLH per unit. ForMarch, the company planned production of 10,000 units (80% of its production capacity

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

can you help me with the last question?
can i please get a correct answer for that question
want to know how to do the last two part.. thankssssss!
Please provide answer to questions a to c
i need the answer quickly
Please respond via a memo on your thoughts of the GAAP article bellow:
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Ma1 . Who benefits most from Peace of Mind®? Complex return filers. EITC filers. Clients with refunds. All clients.
Would you please provide the answer for #4 as well? Thank you!
Kindly answer #4 will surely given an upvote thank you
for each business serve as the basis for the partnership: Christine Udarbe and Vincent Trongco have been sole proprietors of separate animal relocation businesses for several years. On January 1, 2020, they form a partnership called C&V Animal Kingdom. The following balance sheets provided otal the Christine Udarbe Statement of Financial Position December 31, 2020 Assets Liabilities P46,000 Accounts payable Notes payable 30,000 Total liabilities Cash P136,800 Accounts receivable P38,80O 8,800 418,000 290,000 Less allow. for DA Office equipment Less: accum. dep. P426,800 Owner's Equity 398,000 C. Udarbe, capital 20,000 P485,200 538,000 100,000 Vehicles 438,000 Total liabilities and P912,000 owner's equity Less: accum. dep. P912,000 Total assets Vincent Trongco Statement of Financial Position December 31, 2020 Liabilities Assets P50,900 Accounts payable Notes payable P120,000 146,000 P266,000 Cash Accounts receivable P45,400 7,400 327,000 46,000 Less allow. for DA 38,000 Total…
please help with the question that is attached as a picture. thanks