Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 18, 2022

ArdMan Corporation manufactured 36,500 units during April. The following fixed overhead data relates to April: Actual Static Budget Production 36,500 units 35,000 units Machine-hours 5,400

ArdMan Corporation manufactured 36,500 units during April. The following fixed overhead data relates to April:

Actual Static Budget

Production 36,500 units 35,000 units

Machine-hours 5,400 hours 5,250 hours

Fixed overhead costs for April $139,510 $131,250

Compute the fixed overhead spending variance for the month.

	a.	$2,635 unfavourable
	b.	None of the answers.
	c.	$2,635 favourable
	d.	$8,260 favourable
	e.	$8,260 unfavourable

Step by Step Solution

★★★★★

3.56 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

Solution answer is C Fixed ... 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

Step: 3

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

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

12th Edition

978-0073526706, 9780073526706

More Books

Students also viewed these Accounting questions

Question

e Overhead costs incurred on account were 168 000 f Manufacturing overhead was applied at the rate of 150 of direct labor cost g Goods costing 115 000 are still incomplete at the end of the month the...

Answered: 1 week ago

Question

★★★★★

A manufacturer uses machine hours to assign overhead costs to products. Budgeted information fort next year follows. Compute the plant wide overhead rate for the next year based on machine hours....

Answered: 1 week ago

Question

★★★★★

following are the static budget planned and actual sales for the three products produced by best company contribution margin actual units static budget units alpha $300 250,000 450,000 beta $450...

Answered: 1 week ago

Question

★★★★★

How might Tommy Hilfiger use advertising as a signal? How is a signal sent and how does it work? Suppose that Tommy Hilfigers marginal cost of a jacket is a constant $100 and the total fixed cost at...

Answered: 1 week ago

Question

★★★★★

How has the Ocean Shipping Reform Act impacted the process for determining ocean transportation rates?

Answered: 1 week ago

Question

★★★★★

3. What are companies motivations to start and develop customer relationships? How might these differ between the IT industry and the retail industry?

Answered: 1 week ago

Question

★★★★★

The lifetime, in hundreds of hours, of a light bulb is a continuous random variable with density function f (x) = ????2xe????x, x > 0, where ???? > 0. (i) Calculate the distribution function of X....

Answered: 1 week ago

Question

★★★★★

Ironjay, Inc., produces two types of weight-training equipment: the jay-flex (a weight machine that allows the user to perform a number of different exercises) and a set of free weights. Ironjay...

Answered: 1 week ago

Question

★★★★★

Suppose at December 31 of a recent year, the following information( in thousands) was available for sunglasses manufacturer Oakley Inc. Suppose at December 31 of a recent year, the following...

Answered: 1 week ago

Question

★★★★★

Amplitude-modulated (AM) radios use an oscillator operating at $455 \mathrm{kHz}$ to demodulate the received signal. This frequency is called the intermediate frequency or IM. Your task is to...

Answered: 1 week ago

Question

★★★★★

Project leaders across automotive giant Scania's European businesses have been empowered with a special new Project and Portfolio Management solution since moving to Microsoft Project Online - a move...

Answered: 1 week ago

Question

★★★★★

A town has a water treatment plant with capacity to handle 253 gigalitres per year. The current demand for water per year is 210 gigalitres. However, this seems to fluctuate over time with an annual...

Answered: 1 week ago

Question

★★★★★

Determine miller indices of plane X z 2/3 90% a/3

Answered: 1 week ago

Question

★★★★★

For this discussion, will reference your course textbook in addition to your results from the Self-Assessment: Which Benefits Are Important to You? Describe the benefits package at your organization...

Answered: 1 week ago

Question

★★★★★

1. Financial institutions use stress tests of CCR as a credit risk which allows them to advance beyond simple stresses of current exposure. These tests permit the accumulation of losses due to loan...

Answered: 1 week ago

Question

★★★★★

Consider a simple 8-bit configuration register, where each bit sets the configuration of 8 different pins ([7...0]), where setting a bit to 0 means configuring input and setting 1 means output: char...

Answered: 1 week ago

Question

★★★★★

El 1 de enero, Belleville Company pag $1,970,000 para adquirir 98,500 acciones ordinarias con derecho a voto de O'Fallon, lo que representa una inversin del 40 por ciento. No se realizaron...

Answered: 1 week ago

Question

★★★★★

An investor sells a European call on a share for $4. The stock price is $47 and the strike price is $50. Under what circumstances does the investor make a profit? Under what circumstances will the...

Answered: 1 week ago

Question

★★★★★

How should the fixed costs of a service department be charged to operating departments?

Answered: 1 week ago

Question

★★★★★

Reveen Products sells camping equipment. One of the companys products, a camp lantern, sells for $90 per unit. Variable expenses are $63 per lantern, and fi xed expenses associated with the lantern...

Answered: 1 week ago

Question

★★★★★

What is meant by the term transfer price, and why are transfer prices needed?

Answered: 1 week ago

Question

★★★★★

In the text we argued that a key difference between monopolistic competition and oligopoly is that in the former firms do not behave strategically whereas in the latter they do. For each of the goods...

Answered: 1 week ago

Question

★★★★★

Consider the following industries in Canada that have traditionally been oligopolistic. Brewing Airlines Railways Banking Internet service providers Grocery stores a. What are the barriers to...

Answered: 1 week ago

Question

★★★★★

Imagine a monopolist that has fixed costs but no variable costs (thus there are no marginal costs, so MC = 0). For example, consider a firm that owns a spring of water that can produce indefinitely...

Answered: 1 week ago

Previous Question Next Question