1 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
Variable overhead costs:
Supplies	$	7,800		$	7,990
Indirect labor		10,720			10,070
Fixed overhead costs:
Supervision		15,610			14,490
Utilities		14,900			14,950
Factory depreciation		59,970			61,040
Total overhead cost	$	109,000		$	108,540

The company based its original budget on 7,800 machine-hours. The company actually worked 7,760 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 7,690 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

• $1,180 unfavorable

• $1,276 favorable

• $1,276 unfavorable

• $1,180 favorable

2 Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,100 units. The costs and percentage completion of these units in beginning inventory were:

	Cost				Percent Complete
Materials costs	$	7,400				65%
Conversion costs	$	8,500				45%

A total of 9,900 units were started and 7,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

	Cost
Materials costs	$	127,200
Conversion costs	$	208,700

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.

The cost per equivalent unit for conversion costs for the first department for the month is closest to:

Multiple Choice

• $18.16

• $20.96

• $23.76

• $16.03

3 A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Denominator level of activity		6,300	DLHs
Overhead costs at the denominator activity level:
Variable overhead cost	$	34,650
Fixed overhead cost	$	69,300

The following data pertain to operations for the most recent period:

Actual hours		6,500	DLHs
Standard hours allowed for the actual output		6,174	DLHs
Actual total variable manufacturing overhead cost	$	37,800
Actual total fixed manufacturing overhead cost	$	68,380

The fixed manufacturing overhead budget variance for the period is closest to:

Multiple Choice

• $3,586 U

• $920 F

• $466 F

• $3,150 F

4 Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 700 units. The costs and percentage completion of these units in beginning inventory were:

	Cost				Percent Complete
Materials costs	$	6,000				65%
Conversion costs	$	7,100				45%

A total of 7,100 units were started and 6,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

	Cost
Materials costs	$	125,800
Conversion costs	$	207,300

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.

What are the equivalent units for conversion costs for the month in the first processing department?

Multiple Choice

• 6,760

• 6,200

• 7,800

• 560

5 A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Denominator level of activity		6,000	DLHs
Overhead costs at the denominator activity level:
Variable overhead cost	$	31,630
Fixed overhead cost	$	76,970

The following data pertain to operations for the most recent period:

Actual hours		6,200	DLHs
Standard hours allowed for the actual output		6,184	DLHs
Actual total variable manufacturing overhead cost	$	30,810
Actual total fixed manufacturing overhead cost	$	97,350

The overhead applied to products during the period was closest to:

Multiple Choice

• $111,930

• $109,580

• $108,600

• $112,220