ACCT 225 - Assignment 8-2

ACCT 225 - Assignment 8-2 - $300 U $2,325 F Total Variance,...

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Exercise 9-8 1 Overall rate = 4.15 per MH 33200/8000 MHs Variable Rate = 1.05 per MH 8400/8000 MHs Fixed Rate = 3.10 per MHs 24800/8000 MHs 2 The standard hours per unit of product are: 8,000 MHs ÷ 3,200 units = 2 The standard hours allowed for the actual production would 3,500 units × 2.5 MHs per u 3 = (AH × AR) – (AH × SR) = ($9,860) – ($8,925) = $935 U = SR (AH – SH) = $262.50 F Fixed overhead budget an Variable overhead spending  variance = ($9,860) – (8,500 MHs ×  $1.05 per MH) Variable overhead efficiency  variance = $1.05 per MH (8,500 MHs –  8,750 MHs)
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Actual Fixed Overhead Cost $25,100  Budget Varia
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 2.5 MHs per unit  be: unit = 8,750 MHs nd volume variances
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Budgeted Fixed Overhead Cost $24,800  8,000 MHs × $3.10 p iance= $25,100-24800 Volume Variance = 3.10 per MH 
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Unformatted text preview: $300 U $2,325 F Total Variance, $2,025 F Fixed Overhead Cost Applied to Work in Process per MH = $24,800 8,750 standard MHs $3.10 per MH = $27,125 (8000 MHs-8750 MH) Exercise 9-9 Swa Flex Cost Formula Overhead Costs per MH 8,000 Variable: Supplies $0.20 $ 1,600 Indirect labor 0.25 2,000 Utilities 0.15 1,200 Maintenance $0.70 Fixed Indirect labor 10,000 Maintenance 7,000 Depreciation $30,600 0.10 800 Total variable overhead cost 5,600 8,000 Total fixed overhead cost 25,000 Total overhead cost an Company xible Budget Machine-Hours 9,000 10,000 $ 1,800 $ 2,000 2,250 2,500 1,350 1,500 10,000 10,000 7,000 7,000 $31,300 $32,000 900 1,000 6,300 7,000 8,000 8,000 25,000 25,000...
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ACCT 225 - Assignment 8-2 - $300 U $2,325 F Total Variance,...

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