Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. manufacturing overhead variances actual costs for

MANUFACTURING OVERHEAD VARIANCES Actual costs for 60,000 units: DM - 1.1 pounds per unit at...

60.1K

Verified Solution

Question

Accounting

image

MANUFACTURING OVERHEAD VARIANCES Actual costs for 60,000 units: DM - 1.1 pounds per unit at $0.30/pound DL - 1/4 hr at $12/hr Variable OH - $92,000 Fixed OH - $10,000 Standard costs: DM - 1 pound per unit at $0.25/pound DL - 1/5 hr at $13/hr Variable OH - 1/5 hr at $6/hr Fixed OH - $20,000 budgeted/10,000 budgeted hrs = $2/her a) Compute materials variance b) Compute direct labor variance c) Compute the overhead variances

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

Draw the signal transduction pathway that occurs in the outer segment of vertebrate photoreceptors. Be sure...

Biology
Q

A -12.0 nC point charge and a +24.0nC point charge are 18.0 cm apart on the...

Physics
Q

Draw the diagram for an array multiplier circuit for 5x5 multiplications.

Electrical Engineering
Q

verify that the function det has the following properties 1. det(... ,v,..., v,...)=0 2. det(...,cv+dw,...)=c*det(...,v,...)+d*det(...,w,...) 3. use the...

Advance Math
Q

You will need to find a current event from any media source (newspaper, internet, etc). The...

General Management
Q

Consider the following function 3 dx a Determine an appropriate trigonometric substitution O Use x...

Calculus
Q

Identifique los factores que son relevantes para determinar el cargo anual por depreciacin y explique...

Accounting
Q

1. What characteristics must be presented for an act to be considered fraudulent? Give an...

Accounting
Q

Show Me How ook Calculator Dividends on Preferred and Common Stock Pecan Theatre Inc. owns...

Accounting
Q

Need help with 1 , 2 and 3. Multistep question The Kraft Heinz Company...

Accounting
Q

Changes and Corrections of Depreciation At the beginning of 2017, Holden Company's controller asked you...

Accounting
Q

Mickey is a 12-year-old dialysis patient. Three times a week for the entire year, he...

Accounting