Question
Buis Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production 2,300 gears Standard machine-hours per gear 6.0 machine-hours
Buis Corporation, which makes landing gears, has provided the following data for a recent month: |
Budgeted production | 2,300 | gears |
Standard machine-hours per gear | 6.0 | machine-hours |
Budgeted supplies cost | $6.60 | per machine-hour |
Actual production | 1,200 | gears |
Actual machine-hours | 7,800 | machine-hours |
Actual supplies cost (total) | $49,852 | |
Required: |
Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable.(Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.) |
Variable overhead rate variance | ???$ | (Click to select)FUNone??? |
Variable overhead efficiency variance | ???$ | (Click to select)FUNone??? |
Please fill in the answers for where I put the Bolded "???" at. Sometimes when I post on here, the answers are a little confusing to follow. If possible, just copy and paste the bottom table and insert the answers where the "???" are. Thank You. (This is the 3rd time im posting this, the first two expert answers were different)
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