Total manufacturing overhead costs allocated. Given information: May 2014, Standard manufacturing overhead cost is $277,200. Standard machine hours for the month are 280,000 hours. Actual direct labor hours are 321,000 hours.

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Answer 1

Question

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

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Answer 2

Question

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Expert Solution & Answer

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Answer 3

Question

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Expert Solution & Answer

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See solution

Answer 4

Question

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Expert Solution & Answer

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See solution

Answer 5

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Answer 6

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

Answer 7

Chapter 8, Problem 8.34P

1.

To determine

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

Answer 8

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

Answer 9

2.

To determine

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

Answer 10

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Answer 11

3.

To determine

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Answer 12

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

Answer 13

4.

To determine

To compute: Variable manufacturing overhead efficiency variance.

Given information:

May 2014,

Standard manufacturing variable overhead cost is $140,000($84,000+$56,000).

Standard machine hours for the month are 280,000 hours.

Actual numbers of hours are 321,000 hours.

Budgeted output is 672,000 units.

Actual output is 72,000 units.

Answer 14

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Answer 15

5.

To determine

To compute: Production-volume variance.

Given information:

May 2014,

Standard manufacturing fixed overhead cost is $137,200($47,600+30,800+$58,800).

Standard machine hours for the month are 280,000 hours.

Machine hour for actual output is 360,000 hours.

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Answer 16

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Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

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Total manufacturing overhead costs allocated. Given information: May 2014, Standard manufacturing overhead cost is $277,200. Standard machine hours for the month are 280,000 hours. Actual direct labor hours are 321,000 hours.

To compute: Total manufacturing overhead costs allocated. Given information: May 2014, Standard manufacturing overhead cost is $277,200. Standard machine hours for the month are 280,000 hours. Actual direct labor hours are 321,000 hours.

To compute: Variable manufacturing overhead spending variance. Given information: May 2014, Actual variable overhead cost is $201,000($84,000+$117,000). Budgeted variable overhead cost is $140,000($84,000+$56,000).

To compute: Fixed manufacturing overhead spending variance. Given information: May 2014, Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800) Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)

Want to see the full answer?

Chapter 8 Solutions

To compute: Total manufacturing overhead costs allocated.

Given information:

May 2014,

Standard manufacturing overhead cost is $277,200.

Standard machine hours for the month are 280,000 hours.

Actual direct labor hours are 321,000 hours.

To compute: Variable manufacturing overhead spending variance.

Given information:

May 2014,

Actual variable overhead cost is $201,000($84,000+$117,000).

Budgeted variable overhead cost is $140,000($84,000+$56,000).

To compute: Fixed manufacturing overhead spending variance.

Given information:

May 2014,

Actual fixed overhead cost is $184,800($41,000+$55,000+$88,800)

Budgeted fixed cost is $137,200($47,600+$30,800+$58,800)