A4 The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual variable overhead Actual fixed overhead Actual machine timeStandard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead Budgeted output 11,000 cases $ 400,000 $ 132,000 Standard cost and budgetinformation for Marvelous Marshmallow Company follows: a. Variable-overhead spending variance b. Variable-overhead efficiency variance c Fixed-overhead budget varianced. Fixed-overhead volume variance 46,800 machine hours $ 8.00 per machine hour 4 hours per case of marshmallows $ 128,000 per month 16,000 cases per monthRequired: Use any of the methods explained in the chapter to compute the following variances. Note: Indicate the effect of the first three variance by selecting "Favorable" or"Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Select "Positive" or "Negative" for the Fixed-overhead Volume variance.ookFintrencesThe following data are the actual results for Marvelous Marshmallow Company for October.Actual outputActual variable overheadActual fixed overheadActual machine time46,800 machine hoursStandard cost and budget information for Marvelous Marshmallow Company follows:Standard variable-overhead ratel$8.00 per machine hourStandard quantity of machine hoursBudgeted fixed overheadBudgeted outputĊ11,000 casesa. Variable-overhead spending varianceb Variable-overhead efficiency variancec Fixed-overhead budget varianced. Fixed-overhead volume variance$ 400,000$ 132,0004 hours per case of marshmallows$ 128,000 per month16,000 cases per month.Required:Use any of the methods explained in the chapter to compute the following variances.Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for noeffect (i.e., zero variance). Select "Positive" or "Negative" for the Fixed-overhead Volume variance.Activate Windows

Name: A4 The following data are the actual results for Marvelous Marshmallow
Uploaded: 2024-03-20T06:33:06.000Z
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Description: A4 The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual variable overhead Actual fixed overhead Actual machine timeStandard variable-overhead rate Standard quantity of machine hours Budgeted fi

Variance arises when the actual costs differ from the standard costs. The results are favorable…

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The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual variable overhead Actual fixed overhead Actual machine time Standard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead Budgeted output 11,000 cases $ 400,000 $ 132,000 Standard cost and budget information for Marvelous Marshmallow Company follows: a. Variable-overhead spending variance b. Variable-overhead efficiency variance c Fixed-overhead budget variance d. Fixed-overhead volume variance 46,800 machine hours $8.00 per machine hour 4 hours per case of marshmallows $ 128,000 per month 16,000 cases per month Required: Use any of the methods explained in the chapter to compute the following variances. Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Select "Positive" or "Negative" for the Fixed-overhead Volume variance. bok H Fint rences ABERLEON The following data are the actual results for Marvelous Marshmallow Company for October. Actual output Actual variable overhead 11.000 cases 3 $,400,000 $ 132,000 a. Variable-overhead spending variance b. Variable-overhead efficiency variance c Fixed-overhead budget variance d Fixed-overhead volume variance Actual fixed overhead Actual machine time Standard cost and budget information for Marvelous Marshmallow Company follows: Standard variable-overhead rate. Standard quantity of machine hours. Budgeted fixed overhead Budgeted output 46,800 machine hours $ 8.00 per machine hour 4 hours per case of marshmallows $ 128,000 per month 16,000 cases per month Required: Use any of the methods explained in the chapter to compute the following variances. Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Select "Positive" or "Negative" for the Fixed-overhead Volume variance. Activate Windows