{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:29:38-04:00", "answer_date": "2024-06-29 01:29:38", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4439574", "url": "\/study-help\/questions\/13-hayes-corporation-uses-machine-hours-mhs-as-its-denominator-4439574", "question_creation_date_js": "2024-06-29T01:29:38-04:00", "question_creation_date": "Jun 29, 2024 01:29 AM", "meta_title": "[Solved] 13 Hayes Corporation uses machine hours ( | SolutionInn", "meta_description": "Answer of - 13 Hayes Corporation uses machine hours (MHs) as its denominator activity for fixed manufacturing overhead (FMOH). For | SolutionInn", "meta_keywords": "13,hayes,corporation,machine,hours,mhs,denominator,activity,fixed,manufacturing,overhead,fmoh", "question_title_h1": "13 Hayes Corporation uses machine hours (MHs) as its denominator activity for fixed manufacturing overhead (FMOH). For the most recent year, the company showed the", "question_title": "13 Hayes Corporation uses machine hours (MHs) as its denominator activity for", "question_title_for_js_snippet": "13 Hayes Corporation uses machine hours (MHs) as its denominator activity for fixed manufacturing overhead (FMOH) For the most recent year, the company showed the following data Actual FMOH cost 280,000 FMOH Budget Variance 39,000 Favorable FMOH Volume Variance 1 1,000 Favorable Standard MHs allowed for actual output 600,000 MHs The budgeted MHs for Hayes was closest to A 621,429 MHs Budgeted Variance 280,000 Budgeted Fixed Overhead B 573,810 MHs 39,000 280,000 Budgeted Fixed Overhead C 628,696 MHs D 580,000 MHs Budgeted Fixed Overhead 319,000 E None of the above Volume Variance 319,000 Fixed Overhead applied 11,000 319,000 Fixed Overhead applied Fixed Overhead applied 319,000 11,000 308,080 Correct answer according to the 600,000 Standard Price 308,000 key answers SP 308,000 600,000 0 51333333333 319,000 0 51333333333 621,428 571433", "question_description": "

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\"image<\/div><\/div><\/div> 13 Hayes Corporation uses machine hours (MHs) as its denominator activity for fixed manufacturing overhead (FMOH). For the most recent year, the company showed the following data. Actual FMOH cost 280,000 FMOH Budget Variance 39,000 Favorable FMOH Volume Variance 1 1,000 Favorable Standard MHs allowed for actual output 600,000 MHs The budgeted MHs for Hayes was closest to: A. 621,429 MHs Budgeted Variance= 280,000 - Budgeted Fixed Overhead B. 573,810 MHs -39,000 = 280,000 - Budgeted Fixed Overhead C. 628,696 MHs D. 580,000 MHs Budgeted Fixed Overhead=\/ 319,000 E. None of the above Volume Variance= 319,000 \/ Fixed Overhead applied 11,000 = 319,000 - Fixed Overhead applied Fixed Overhead applied= 319,000 - 11,000= 308,080 Correct answer according to the 600,000 * Standard Price = 308,000 key answers. SP= 308,000\/600,000= 0.51333333333 319,000\/0.51333333333= 621,428.571433", "transcribed_text": "", "related_book": { "title": "Intermediate Accounting", "isbn": "470964731, 978-0470964736, 978-0470161012", "edition": "9th Canadian Edition, Volume 2", "authors": "Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/516.jpg", "uri": "\/textbooks\/intermediate-accounting-9th-canadian-edition-volume-2-516", "see_more_uri": "" }, "free_related_book": { "isbn": "6585168569", "uri": "\/textbooks\/encyclopedia-of-spirits-and-ghosts-in-world-mythology-1st-edition-9781476663555", "name": "The Big Book Of Egyptian Mythology", "edition": "" }, "question_posted": "2024-06-29 01:29:38", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-assembly-shown-has-mass-of-6-kg-and-consists-of-4", "description": "The assembly shown has a mass of 6 kg and consists of 4 thin 400-mmdiameter semicircular aluminum plates welded to a light 1-m-long shaft AB. 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