Actual hours worked 5000 hours total actual labor

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Enhanced Microsoft Office 2013: Illustrated Fundamentals
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Chapter UI / Exercise 18
Enhanced Microsoft Office 2013: Illustrated Fundamentals
Cram/Duffy
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Actual hours worked = 5,000 hoursTotal actual labor cost = $51,000Average cost per hour = $10.20Actual variable overhead costs = $23,000Required:Do the 4 variance analysis (variable overhead variances and fixed overhead variances).Done in ClassMultiple Choice The following data apply to questions 1–6. Sebastian Company, which manufactures electrical switches, uses a standard cost system and carries all inventories at standard. The standard manufacturing overhead costs per switch are based on direct labor hours and are shown below:Variable overhead (5 hours @ $12 per direct manufacturing labor hour)$ 60Fixed overhead (5 hours @ $15* per direct manufacturing labor hour) 75Total overhead per switch$135*Based on capacity of 200,000 direct manufacturing labor hours per month.The following information is available for the month of December:46,000 switches were produced although 40,000 switches were scheduled to be produced.225,000 direct manufacturing labor hours were worked at a total cost of $5,625,000.Variable manufacturing overhead costs were $2,750,000.Fixed manufacturing overhead costs were $3,050,000.1.[CMA Adapted] The variable manufacturing overhead efficiency variance for December wasa.$50,000 U.b.$350,000 U.c.$10,000 F.
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Enhanced Microsoft Office 2013: Illustrated Fundamentals
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Chapter UI / Exercise 18
Enhanced Microsoft Office 2013: Illustrated Fundamentals
Cram/Duffy
Expert Verified

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