Ch 10 problem 10-54

Ch 10 problem 10-54 - 10-54(45 MINUTES Missing amounts for case A 2 $21.00a per hour 3 $28.50b per hour 6 $294,150c 9 $7,500 Ud 10 $9,000 Fe 11

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10-54 (45 MINUTES) Missing amounts for case A: 2. $21.00 a per hour 3. $28.50 b per hour 6. $294,150 c 9. $7,500 U d 10. $9,000 F e 11. $(126,000) (Negative) f (The negative sign means that applied fixed overhead exceeded budgeted fixed overhead.) 12. $24,150 underapplied g 13. $135,000 overapplied h 16. 6,000 units i 19. $270,000 j 20. $756,000 k Explanatory notes for case A: a Budgeted direct-labour hours = budgeted production × standard direct-labour hours per unit = 5,000 units × 6 hrs. = 30,000 hrs. Fixed overhead rate = hours labor - direct budgeted overhead fixed budgeted = hr. per $21 hrs. 30,000 $630,000 =
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10-54 (CONTINUED) b Total standard overhead rate = variable overhead rate + fixed overhead rate = $7.50 + $21.00 = $28.50 c Variable-overhead spending variance = actual variable overhead – (actual direct-labour hours × standard variable overhead rate) $16,650 U = actual variable overhead – (37,000 × $7.50) Actual variable overhead = $294,150 d Variable-overhead efficiency variance
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This note was uploaded on 02/18/2012 for the course BUSE 237 taught by Professor Sf during the Spring '12 term at Simon Fraser.

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Ch 10 problem 10-54 - 10-54(45 MINUTES Missing amounts for case A 2 $21.00a per hour 3 $28.50b per hour 6 $294,150c 9 $7,500 Ud 10 $9,000 Fe 11

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