Chapter 8 online quiz solution - Christine Corporation...

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Illustrated Guide to the National Electrical Code
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Chapter 13 / Exercise 1
Illustrated Guide to the National Electrical Code
Miller
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Christine Corporation manufactures baseball uniforms and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data: Budgeted output units 10,000 units Budgeted machine-hours 15,000 hours Budgeted variable manufacturing overhead costs for 20,000 units $180,000 Actual output units produced 9,000 units Actual machine-hours used 14,000 hours Actual variable manufacturing overhead costs $171,000 7) What is the budgeted variable overhead cost rate per output unit? A) $12.00 B) $12.21 C) $18.00 D) $19.00 Answer: Explanation: C) $180,000/10,000 = $18.00 C Brown Corporation manufactured 3,000 chairs during June. The following variable overhead
data pertain to June: Budgeted variable overhead cost per unit $ 12.00 Actual variable manufacturing overhead cost $33,600 Flexible-budget amount for variable manufacturing overhead $36,000 Variable manufacturing overhead efficiency variance $720 unfavorable 17) What is the variable overhead flexible-budget variance? A
Objective: 3 AACSB: Analytical skills
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Illustrated Guide to the National Electrical Code
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Chapter 13 / Exercise 1
Illustrated Guide to the National Electrical Code
Miller
Expert Verified

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