# Lazy guy corporation manufactured 6000 chairs during

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Chapter 12 / Exercise 4
OM
Collier/Evans
Expert Verified
19) Lazy Guy Corporation manufactured 6,000 chairs during June. The following variable overhead data relates to June:Budgeted variable overhead cost per unit\$10.00Actual variable manufacturing overhead cost\$52,800Flexible-budget amount for variable manufacturing overhead\$46,900Variable manufacturing overhead efficiency variance\$790 unfavorableWhat is the variable overhead spending variance? A) \$5,110 favorableB) \$5,900 favorable C) \$5,900 unfavorable D) \$5,110 unfavorableAnswer: Explanation: Variable overhead flexible-budget variance = \$52,800 - \$46,900 = \$5,900 (U)Variable overhead spending variance = \$5,900 (U) − \$790 (U) = \$5,110 (U)
D
Diff: 3Objective: 3AACSB: Application of knowledge20) Outdoor Gear Corporation manufactured 5,000 coolers during October. The following variable overhead data relates to October:Variable overhead spending variance\$1,310 UnfavorableVariable overhead efficiency variance\$192 UnfavorableBudgeted machine hours allowed for actual output615 machine hoursActual cost per machine hour\$27Budgeted cost per machine hour\$24Calculate the actual machine hours used by Stark during October.
A
Diff: 2Objective: 3AACSB: Application of knowledge
##### We have textbook solutions for you!
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Chapter 12 / Exercise 4
OM
Collier/Evans
Expert Verified
21) Outdoor Gear Corporation manufactured 1,000 coolers during October. The following variable overhead data relates to October:Variable overhead spending variance\$1,300 UnfavorableVariable overhead efficiency variance\$182 UnfavorableBudgeted machine hours allowed for actual output608 machine hoursActual cost per machine hour\$28Budgeted cost per machine hour\$26Calculate the variable overhead flexible-budget variance.
C
Diff: 3Objective: 3AACSB: Application of knowledge22) Zitrik Corporation manufactured 90,000 buckets during February. The variable overhead cost-allocation base is \$5.10 per machine-hour. The following variable overhead data pertain to February:ActualBudgetedProduction90,000 units90,000 unitsMachine-hours9,800 hours9,000 hoursVariable overhead cost per machine-hour\$5.25\$5.10What is the actual variable overhead cost?
C
Diff: 2Objective: 3AACSB: Application of knowledge