Required a determine the total amount of standard

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Chapter 19 / Exercise 19-9
Accounting Using Excel for Success
Reeve/Warren
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Required: (a) Determine the total amount of standard factory overhead cost charged to production in April.(b) Provide the correct journal entry to record the application of standard factory overhead costs to production. (Assume that the company uses a single overhead account, Manufacturing Overhead.) Blocher - Chapter 15 #152Difficulty: EasyLearning Objective: 15-1Learning Objective: 15-3153. McAllister Company's master budget for the year just completed was based on 100% capacity and included 40,000 machine hours and $240,000 total factory overhead. The budgeted fixed overhead at 75% of factory capacity would be $160,000 (and 30,000 machine hours). The company actually operated at 90% capacity for the year, and incurred $252,000 total factory overhead.Required: (a) Determine the factory overhead flexible-budget variance for the year. Show calculations. (b) Calculate the factory overhead production-volume variance for the year. Show calculations. Blocher - Chapter 15 #153Difficulty: EasyLearning Objective: 15-2 154. Bike Pedals manufactures bicycle seats. The company budgeted to manufacture 25,000 seats in April with 0.05 standard machine hours per seat. The total variable factory overhead was budgeted at $30,000 for the operation. During April the company manufactured 30,000 seats using 1,600 machine hours. It incurred $34,000 of variable factory overhead (VOH) costs.Required: Determine each of the following variances. Show calculations. Blocher - Chapter 15 #154Difficulty: MediumLearning Objective: 15-2155. Ben Simon Corp. has the following information about its standards and production activity for the month of November:
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Accounting Using Excel for Success
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Chapter 19 / Exercise 19-9
Accounting Using Excel for Success
Reeve/Warren
Expert Verified
Please see Feedback for answers.Feedback: Please see Feedback for answers.Feedback: Required: Calculate and show supporting calculations for each of the following variances: (a) Variable overhead flexible-budget variance. (b) Fixed overhead spending variance. (c) Fixed overhead production-volume variance. Blocher - Chapter 15 #155Difficulty: EasyLearning Objective: 15-2156. Dillard, Inc., has developed the following standard cost data based on a denominator volume of 60,000 direct labor hours (DLHs), which is 75% of the firm's capacity. Budgeted fixed overhead is $360,000 and budgeted variable overhead is $180,000 at this level of activity.During the last period, the company used 48,000 DLHs to produce 128,000 units. It incurred the following manufacturing costs:Required: Determine all variances for direct materials, direct labor, and factory overhead. Use a 4-variance breakdown (decomposition) of the total overhead variance for the period. Blocher - Chapter 15 #156Difficulty: HardLearning Objective: 15-2157. Harrison Corporation's direct labor rate variance for May was $200 favorable, and the direct labor efficiency variance was $150
Please see Feedback for answers.Feedback: Please see Feedback for answers.

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