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Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Budgeted (flexible) overhead at units produced Standard overhead applied Volume variance Volume Variance ✓ $ 90,000 × 99,000 × $ 9,000 Unfavorable < Required A Required B < Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Controllable Variance Actual total overhead $ 103,000 Budgeted (flexible) overhead at units produced 90,000 × Controllable variance $ 13,000 Unfavorable < Required A Required B >

Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Budgeted (flexible) overhead at units produced Standard overhead applied Volume variance Volume Variance ✓ $ 90,000 × 99,000 × $ 9,000 Unfavorable < Required A Required B < Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Controllable Variance Actual total overhead $ 103,000 Budgeted (flexible) overhead at units produced 90,000 × Controllable variance $ 13,000 Unfavorable < Required A Required B >

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EA: A company estimates its manufacturing overhead will be $750,000 for the next year. What is the...
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Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Budgeted (flexible) overhead at units produced Standard overhead applied Volume variance Volume Variance ✓ $ 90,000 × 99,000 × $ 9,000 Unfavorable < Required A Required B <
Transcribed Image Text:Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Budgeted (flexible) overhead at units produced Standard overhead applied Volume variance Volume Variance ✓ $ 90,000 × 99,000 × $ 9,000 Unfavorable < Required A Required B <
Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Controllable Variance Actual total overhead $ 103,000 Budgeted (flexible) overhead at units produced 90,000 × Controllable variance $ 13,000 Unfavorable < Required A Required B >
Transcribed Image Text:Shaw Incorporated began this period with a budget for 1,100 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $103,000, and actual units produced were 1,000. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 55,000 45,000 $ 100,000 a. Compute controllable variance. b. Compute volume variance. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Controllable Variance Actual total overhead $ 103,000 Budgeted (flexible) overhead at units produced 90,000 × Controllable variance $ 13,000 Unfavorable < Required A Required B >
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