Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9) The Ferris Company applies manufacturing overhead costs to products on the basis of direct labour hours. The standard cost card shows that 3 direct

image text in transcribed
image text in transcribed
image text in transcribed
9) The Ferris Company applies manufacturing overhead costs to products on the basis of direct labour hours. The standard cost card shows that 3 direct labour hours are required per unit of product. For August, the company budgeted to work. 90.000 direct labour bours and to incur the following total manufacturing overhead costs: During August, the company completed 25,000 units of product, worked 86,000 direct labour hours, and incurred the following total manufacturing overhead costs: The denominator activity used for the predetermined overhead rate was 90,000 direct labour hours. 9.1) For August, what was the variable overhead spending variance? 15) 33.44a unfriverakte C) 3 . 444 fivinable A) 512228 anfoworable. B) SI2,232 favourulle. C) 52.200 faveruble B) 32,200 unfoveurable. A) 54,420 faveutable. B) 54.40 unfavourhle C)\$2700 frivieste. D) \$3.400 unfswourable 9.4) For Augut, utat wis the fined oveltead veleme variast? A) 519667 favourable 3) $19.667 unfaviuable. C) $4.980 enfavourable. B) 57.920 unfavourable 9.5) For Augest, what sas the varuble wertiead Nending vatiasst? A) 54,300 favoarable. B) 53,444 unfaveurable. C) 56444 faveurable. D) 36,500 unfavourable 9.6) For August, what was the variable overhad cftici-ncy variance? A) $12,222 unfavourable. B) 512,222 favourable. C) \$2,200 favourable. D) 52,200 unfavourable. 9.7) For August, what was the fixed overhead budget variance? A) $4,420 favourable. B) $4.420 unfavourable. C) $2,700 favourable. D) $3,500 unfavourable. 9.8) For August, what was the fixed overhead volume variance? A) $19,667 favourable. B) $19,667 unfavourable. C) $4,980 unfavourable. D) $7.920 unfavourable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Audit Leadership Elevating The Internal Audit Function To Accelerate Value

Authors: Patricia Kaim

1st Edition

1032557168, 978-1032557168

More Books

Students also viewed these Accounting questions

Question

1. Give extra points for correct and creative answers.

Answered: 1 week ago