![littlecedrick7368](/avatars/18875.jpg)
littlecedrick7368
30.11.2019 •
Business
Everly company has determined a standard variable overhead rate of $2.75 per direct labor hour and expects to incur 1.0 labor hour per unit produced. last month, beverly incurred 1,100 actual direct labor hours in the production of 1,200 units. the company has also determined that its actual variable overhead rate is $2.70 per direct labor hour.
calculate the variable overhead rate and efficiency variances also indicate if the variable are favorable or unfavorable the total amount of over- or underapplied variable overhead. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable.)
variable overhead rate variance
variable overhead efficiency variance
over- or underapplied variable overhead
Solved
Show answers
More tips
- F Food and Cooking How to Calculate the Gender of Your Child with Blood?...
- S Society and Politics 10 Tips for Boosting Your Self-Esteem...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business The is a model developed by Joseph Luft and Harry Ingham, two American psychologists, which can be used to illustrate the process of giving feedback Feedback Loop O Mendali Grid...
- B Business When making additional business decisions management should consider?...
- B Business When it comes to investing what is the typical relationship between risk and return everfi 9?...
- B Business It is believed that gpa (grade point average, based on a four point scale) should have a positive linear relationship with act scores. given below is the technology output for...
- B Business At the break-even price, a. the firm is making just enough money to cover all its costs, including the opportunity costs of the entrepreneur. b. economic profit is zero. c. the...
- B Business Products that the consumer purchases such as insurance, burial services, or emergency car-towing are known as goods and services because they are not products that consumers regularly...
- B Business What is the coupon rate of a two-year, $10,000 bond with semiannual coupons and a price of $9,559.03, if it has a yield to maturity of 6.4%? A. 3.213% B. 4.819% C. 4.016% D. 5.622%...
- B Business tính giá và sản lượng cân bằng. tính hệ số của cầu theo giá tại điểm cân bằng, và nêu ý nghĩa kinh tế...
- E English Whats another word for story besides -becuase cats stories and personalities are different, this russian blue cat s (story) change this...
- C Computers and Technology How can i convince my parents to let me play on my ps4?me get ungrounded....
Ответ:
Variable Overhead Rate Variance - $55 favorable
Variable Overhead Efficiency Variance - $275 favorable
Over applied efficiency variance - $330 favorable
Explanation:
The computations are shown below:
Variable Overhead Rate Variance = Actual Hours × (Actual Rate - Standard variable overhead Rate)
= 1,100 hours × ($2.70 - 2.75)
= $55 favorable
Variable Overhead Efficiency Variance = Standard variable overhead Rate × (Actual Hours - Standard Hours)
= $2.75 × (1,100 hours - 1 × 1,200)
= $275 favorable
So, the over-applied variable overhead would be
= $55 favorable + $275 favorable
= $330 favorable
Ответ:
The digital tabloid market is at the stage of product life cycle of innovation. It is because it has been researched that there was a presence of explosion in digital tabloid market that depicts of having to show its popularity and bringing change amongst the people and in the generation—making it to be innovated.