er Company produced 6,300 units of product The actual variable factory overhead was $107,550. rmine the variable factory overhead controllable variance. Enter a favorable variance as a negative number.
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- eBook Show Me How Factory Overhead Controllable Variance Bellingham Company produced 6,100 units of product that required 8.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $6.30 per direct labor hour. The actual variable factory overhead was $336,785. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. 240 X Favorable XBest, Inc. uses a standard cost system and provides the following information. (Click the icon to view the information.) variable overhead, $3,800; actual fixed overhead, $3, 500; actual direct labor hours, 1,400. Read the requirements. Data table Requirement 1. Compute the variable overhead cost and efficiency variances and fixed overhead cost and volume variances. Begin with the variable overhead cost and efficiency variances. Select the required formulas, compute the variable overhead cost and favorable (F) or unfavorable (U). (Abbreviations used: AC = actual cost; AQ = actual quantity; FOH = fixed overhead; SC = standardco \table [[,, Formula,Variance], [VOH cost variance, = , 1 = , ], [VOH efficiency variance, =,1 =, 0Please do not give solution in image format thanku
- Use the following data to find the direct labor efficiency variance. Direct labor standard (4.5 hrs.@ $6/hr.) Actual hours worked per unit Actual units produced Actual rate per hour O $4,200 unfavorable $16,800 unfavorable O $16,800 favorable $12,600 favorable O $3,150 favorable Question 24 $27per finished unit 4.0 hrs 4,200 units $6.25 Which of the following is an example of a performance measure of the customer persp in a balanced scorecard? 32.2 Use the information provided below to calculate the following manufacturing variances for March2022. Note: Each answer must state whether the variance is favourable or unfavourable2.2.1 Labour rate variance 2.2.2 Labour efficiency variance 2.2.3 Variable overheads efficiency variance Variable overheads expenditure variance INFORMATIONNevada Limited set a standard labour rate of R32 per hour and a standard variable overhead rate of R3.80 perlabour hour.Actual hours worked for March 2022 were 4 910 at a cost of R149 264. The actual variable overhead cost incurredwas R19 640. The standard allowance of labour hours for the output achieved was 5 000 hours.Alvarado Company produced 6,200 units of product that required 2.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $3.00 per direct labor hour. The actual variable factory overhead was $47,800. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
- Requirement: Compute for the following variances1. Fixed Spending Variance2. Variable Spending Variance3. Efficiency Variance4. Controllable Variance5. Volume Variance6. Spending Variance 7. Total VarianceTucker Company produced 7,400 units of product that required 3.40 standard hours per unit. The standard variable overhead cost per unit is $5.00 per hour. The actual variable factory overhead was $123,280. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number.Factory Overhead Controllable Variance Bellingham Company produced 3,400 units of product that required 3 standard direct labor hours per unit. The standard variable overhead cost per unit is $3.50 per direct labor hour. The actual variable factory overhead was $34,660. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. X X ?
- Factory Overhead Controllable Variance Encinas Company produced 2,300 units of product that required 3 standard hours per unit. The standard variable overhead cost per unit is $1.90 per hour. The actual variable factory overhead was $11,905. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using minus sign and an unfavorable variance as a positive number. FavorableFactory Overhead Controllable Variance Bellingham Company produced 3,100 units of product that required 7.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $2.80 per direct labor hour. The actual variable factory overhead was $62,370. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.Factory Overhead Controllable Variance Bellingham Company produced 5,100 units of product that required 8 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.40 per direct labor hour. The actual variable factory overhead was $214,810. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $fill in the blank 1