Question 2 is part E,F, and G Buckley Manufacturing reported the following...
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Accounting
Question 2 is part E,F, and G
Buckley Manufacturing reported the following budgeted and actual figures for one of its products:
Standard variable overhead cost per unit (1 hour at $2.00 per hour)
$2.00
Actual variable overhead costs
$4,750
Budgeted units
725
Actual units produced
300
Given this data, what is the total variable overhead variance for this product?
A. $3,300 favorable
B.$4,150 unfavorable
C. $4,150 favorable
D. $3,300 unfavorable
F. Easel Manufacturing budgeted fixed overhead costs of $2.75 per unit at an anticipated production level of 1,350 units. In July Easel incurred actual fixed overhead costs of $5,000 and actually produced 1,100 units.
What is Easel's fixed overhead budget variance for July?
A. $1,287.50 unfavorable
B. $1,287.50 favorable
C. $1,975.00 unfavorable
D. $1,975.00 favorable
G.
Network Enterprises incurred actual fixed manufacturing overhead costs of $22,800 for the month of September. If the fixed manufacturing overhead budget variance was a favorable $6,300 what were the budgeted fixed overhead costs?
A. $6,300
B. $22,800
C. $16,500
D. $29,100
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