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Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermined overhead rate for fixed manufacturing overhead is $3.40 per machine-hour and the denominator level of activity is 3.600 machine-hours. In the most recent month, the total actual fixed manufacturing overhead was $12,270 and the company actually worked 3,530 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 3,550 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? Multiple Choice $238 Unfavorable $68 Favorable $238 Favorable $170 Unfavorable Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency variance is favorable, the variable overhead efficiency variance will be: Multiple Choice unfavorable. either favorable or unfavorable. favorable. zero Minden Corporation estimates that the following costs and activity would be associated with the manufacture and sale of product A: Number of units sold annually Required investment Unit product cost Selling and administrative expenses 27,000 $470,000 $ 26 $163,600 If the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 10% rate of return on investment (ROI), the required markup on absorption cost for Product A would be closest to: Multiple Choice 30% 10% J 7% 27% TB MC Qu. 10A-38 Lossing Corporation applies manufacturing overhead to ... Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below: Original Budget Actual Costs $ 7,000 10,640 $ 7,190 9,990 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Factory depreciation Total overhead cost 14,810 14,100 60,970 $107,520 14,410 14,150 61,320 $107,060 The company based its original budget on 8,400 machine-hours. The company actually worked 8,360 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 8,290 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,177 unfavorable $1.081 favorable $1,081 unfavorable 0 $1,177 favorable Harden, Inc., has budgeted sales in units for the next five months as follows: June July August September October 8,300 units 6,600 units 8,400 units 8,100 units 6,200 units Past experience has shown that the ending inventory for each month should be equal to 10% of the next month's sales in units. The inventory on May 31 contained 830 units. The company needs to prepare a production budget for the next five months. The beginning inventory for September should be: Multiple Choice 810 units O 620 units O O 840 units O O 830 units
