Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. creger corporation, which makes landing gears, has

Creger Corporation, which makes landing gears, has provided the following data for a recent month:...

70.2K

Verified Solution

Question

Accounting

Creger Corporation, which makes landing gears, has provided the following data for a recent month:

Budgeted production 1,500 gears
Standard machine-hours per gear 6.2 machine-hours
Budgeted supplies cost $ 6.80 per machine-hour
Actual production 1,200 gears
Actual machine-hours 7,980 machine-hours
Actual supplies cost (total) $ 49,772

Required:

Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variances are favorable or unfavorable.

(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

If f(0)=3 tan 8-sin 20, find f Do not use a calculator and express each...

Algebra
Q

The pKa values of acetone and 1-phenyl-2-propanone are 26.5 and 19.8 respectively. Use electronic factors to...

Chemistry
Q

1.     How does each of your mutations affect the amino acid sequences? Are the mutations missense mutations,...

Biology
Q

A) Given a vector electric field: E i = x̅100e−γ z V/m                       Find the associated magnetic field. B) If...

Electrical Engineering
Q

Evaluate the following limits If needed enter INF for oo and INF for a b...

Calculus
Q

Evaluate the limit using L Hospital s rule if necessary 7100

Calculus
Q

Modern Geometry Show that AB bisects the angle PBQ Use Angle Bisector Theorem External Show...

Algebra
Q

For the given linear function make a tabl f x 3x 2

Algebra
Q

11 15 23 P5 Answer the following constructed response question Follow all directions to receive...

Algebra
Q

Hamada Company borrows $20,000 on October 1 from Arab bank by signing a $20,000, 10%,...

Accounting
Q

Simulation 1. Enter values in each column(a-t) when the Corp began business in January current...

Accounting
Q

Carl purchased an apartment complex for $1.2 million on March 17 of year 1. of...

Accounting