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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

  1. 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?
  2. A gallon of paint or a yard of fabric required for making a unit would be a(n)
  3. 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?
  4. 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?
  5. 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?
  6. 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?
  7. 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?
  8. 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?
  9. 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?
  10. 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?
  11. 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?
  12. 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?
  13. 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?
  14. 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?
  15. 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?
  16. 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:
  17. 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
  18. 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?
  19. 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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