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BDH Inc. has budgeted for sales of 10,000 units of LR at a price of $15 per unit. The actual sales for the period were
- BDH Inc. has budgeted for sales of 10,000 units of LR at a price of $15 per unit. The actual sales for the period were 9,000 units of LR at $16 per unit. What was the sales-price variance for the current period?
- A gallon of paint or a yard of fabric required for making a unit would be a(n)
- JSH Inc. makes a unit called CC. CC has a standard of 2 yards of fabric for each CC. The standard price per yard of fabric is $3. During the period, JSH made 6,000 CCs. JSH purchased and used 11,600 yards of fabric and incurred an actual cost of $34,500 for the fabric. What was the direct material price variance for the current period?
- JSH Inc. makes a unit called CC. CC has a standard of 2 yards of fabric for each CC. The standard price per yard of fabric is $3. During the period, JSH made 6,000 CC. JSH used 11,600 yards of fabric and incurred an actual cost of $34,500 for the fabric. What was the direct material usage variance for the current period?
- CC Corp. makes a product called LR. The standard time allowed for each unit of LR is 1.2 hours. The standard labor rate per hour is $8. During the current period, CC made 8,000 units of LR, incurring 9,500 hours of labor at a total cost of $75,000. What is the direct labor efficiency variance for the current period?
- CC Corp. makes a product called LR. The standard time allowed for each unit of LR is 1.2 hours. The standard labor rate per hour is $8. Curing the current period, CC made 8,000 units of LR, incurring 9,500 hours of labor at a total cost of $77,000. What is the direct labor rate variance for the current period?
- CC Corp. makes a product called LR. The standard time allowed for each unit of LR is 1.2 hours. The standard labor rate per hour is $8. During the current period, CC made 8,000 units of LR, incurring 9,500 hours of labor at a total cost of $77, 000. What is the flexible-budget labor variance for the current period?
- JSH Inc. makes a unit called CC. CC has a standard of 2 yards of fabric for each CC. The standard price per yard of fabric is $3. During the period, JSH made 6,000 CCs. JSH used 11,600 yards of fabric and incurred an actual cost of $34,500 for the fabric. What was the direct materials flexible-budget variance for the current period?
- SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were 132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What were the standard machine-hours allowed per unit of output?
- SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were $132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What is the variable overhead flexible-budget variance for April?
- SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were $132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What is the variable overhead spending variance for the month of April?
- SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were $132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What is the variable overhead efficiency variance for the month of April?
- CFH, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 36,000 units of product HJS. During the year, the firm actually produced 35,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. What is the rate per machine-hour for fixed overhead allocation?
- CFG, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 36,000 units of HJS. During the year, the firm actually produced 35,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. What is the budgeted fixed overhead cost per output unit?
- CFH. Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 36,000 units of product HJS. During the year, the firm actually produced 35,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. What is the fixed overhead flexible-budget variance for the current year?
- CFH, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 24,000 units of product HJS. During the year, the firm actually produced 23,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. The amount of fixed overhead that was applied to work in process during the year was:
- CFH, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 24,000 units of product HJS. During the year, the firm actually produced 23,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. The production-volume variance for the current period would be
- SJH, which uses a standard costing system, has the following information with respect to manufacturing overhead. The budget calls for 10,000 units to be produced using a total of 40,000 machine-hours. The variable overhead costs for the period are budgeted to be $120,000. During the year, the actual output was 11,000 units. The total variable overhead costs were $132,250, and 46,000 machine-hours were actually used. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 40,000. The firm budgets at a level of 10,000 units of product HJS. During the year, the firm actually incurred fixed costs totaling $239,500. Assuming that SJH uses the 3-variance method, what is the spending variance for the current period?
- SJH, which uses a standard costing system, has the following information with respect to manufacturing overhead. The budget calls for 10,000 units to be produced using a total of 40,000 machine-hours. The variable overhead costs for the period are budgeted to be $120,000. During the year, the actual output was 11,000 units. The total variable overhead costs, were $132,250 and the 46,000 machine hours were actually used, The budgeted fixed costs are $240,000. Machine-hours is the allocation base. During the year, the firm actually incurred fixed costs totaling $239,500. What is the total flexible-budget amount for SJH for overhead for the current year, assuming that SJF remains within the relevant activity range?
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