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What was the overall fixed manufacturing overhead

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7,090 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Do not round intermediate calculations.) $1,235 favorable $1,331 unfavorable $1,235 unfavorable $1,331 favorable 20. Franklin Glass Works uses a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. Each unit requires one standard hours of direct labor for completion. The denominator activity for the year was based on budgeted production of 260,000 units. Total overhead was budgeted at $1,100,000 for the year, and the fixed manufacturing overhead rate was $1.40 per direct labor-hour. The actual data pertaining to the manufacturing overhead for the year are presented below: Actual production 258,000 units Actual direct labor-hours 490,000 direct labor-hours Actual variable manufacturing overhead $402,000 Actual fixed manufacturing overhead $580,000 Franklin's fixed manufacturing overhead volume variance for the year is: $65,000 favorable $70,000 unfavorable $4,920 favorable $2,800 unfavorable 21. A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity 6,700 MHs Overhead costs at the denominator activity level: Variable overhead costs $31,700 Fixed overhead cost $94,260 The following data pertain to operations for the most recent period: Actual hours 6,900 MHs Standard hours allowed for the actual output 6,884 MHs
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Actual total variable manufacturing overhead cost $30,880 Actual total fixed manufacturing overhead cost $97,420 How much overhead was applied to products during the period? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) $129,720 $129,419 $126,940 $125,960 22. Residual income is superior to return on investment as a means of measuring performance because it encourages managers to make investment decisions that are more consistent with the interests of the company as a whole. True False 23. All other things the same, which of the following would increase residual income? Decrease in net operating income. Increase in average operating assets. Increase in minimum required return. Decrease in average operating assets. 24. A company's current net operating income is $24,500 and its average operating assets are $109,000. The company's required rate of return is 18%. A new project being considered would require an investment of $20,700 and would generate annual net operating income of $5,600. What is the residual income of the new project? $5,600 $3,726 $1,874 ($1,190) 25. Niemiec Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hour Move time 3.4 Wait time 18.5
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Queue time 12.4 Process time 0.7 Inspection time 1.0 The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculation and final answer to 2 decimal places.) 0.12 0.02 0.88 0.04 26. The Post Division of the M.T. Woodhead Company produces basic posts which can be sold to outside
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What was the overall fixed manufacturing overhead volume...

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