Question 4 tco 10 sebastian company which

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ACCT434 Quiz Week 1

Question 3 .   ( TCO 10 ) 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 at $ 12 per direct manufacturing labor hour ) $ 60 Fixed overhead ( 5 hours at $ 15 per direct manufacturing labor hour , based on capacity of 200,000 direct manufacturing labor hours per month ) 75 Total overhead per switch $ 135 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 . What amount should be credited to the Allocated Manufacturing Overhead Control account for the month of December ?
 Student Answer : $ 6,210,000
 $ 5,800,000
 $ 5,760,000
 $ 5,760,000
Question 5 .   ( TCO 10 ) Budgeted overhead costs rates can be expressed as an amount per unit of output or per unit of input .
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Question 4. (TCO 10) 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 at $12 per direct manufacturing labor hour) $ 60 Fixed overhead (5 hours at $15 per direct manufacturing labor hour, based on capacity of 200,000 direct manufacturing labor hours per month) 75 Total overhead per switch $ 135 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. Under the 3-variance method, the spending variance for December was
Instructor Explanation: 50,000 U + 50,000 U = 100,000 U. Question 5. (TCO 10) Budgeted overhead costs rates can be expressed as an amount per unit of output or per unit of input.
Answer: Instructor Explanation: See Chapter 8.

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