Moeller Electric manufactures light fixtures. The following information pertains to the company's manufacturing overhead data. i (Click the icon to view the information.) What is the variable manufacturing overhead flexible-budget variance? Round to the nearest ten cents. A. $387.00 favourable B. $26,661.80 unfavourable C. $2,363.80 favourable D. $2,750.00 favourable E. $2,363.00 unfavourable Information Budgeted output units Budgeted machine-hours Budgeted variable manufacturing overhead costs for 30,000 fixtures Actual output units produced Actual machine-hours used Actual variable manufacturing overhead costs 34,000 fixtures 10,000 hours $80,625 44,000 fixtures 10,000 hours $131,000 X

Moeller Electric manufactures light fixtures. The following information pertains to the company's manufacturing overhead data. i (Click the icon to view the information.) What is the variable manufacturing overhead flexible-budget variance? Round to the nearest ten cents. A. $387.00 favourable B. $26,661.80 unfavourable C. $2,363.80 favourable D. $2,750.00 favourable E. $2,363.00 unfavourable Information Budgeted output units Budgeted machine-hours Budgeted variable manufacturing overhead costs for 30,000 fixtures Actual output units produced Actual machine-hours used Actual variable manufacturing overhead costs 34,000 fixtures 10,000 hours $80,625 44,000 fixtures 10,000 hours $131,000 X

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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Information on Grixdale Partner's fixed overhead costs follows: Overhead applied $ 1,227,800 Actual overhead 1,153,200 Budgeted overhead 1,207,000 Required: What are the fixed overhead price and production volume variances? Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.
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Subject:- accounting