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Cadavieco Detailing's cost formula for its materials and supplies is $1,990 per month plus $8 per vehicle. For the month of November, the company planned
Cadavieco Detailing's cost formula for its materials and supplies is $1,990 per month plus $8 per vehicle. For the month of November, the company planned for activity of 92 vehicles, but the actual level of activity was 52 vehicles. The actual materials and supplies for the month was $2,440. The materials and supplies in the planning budget for November would be closest to: O $2,726 O $2,406 0 $4,317 O $2,440 A manufacturer of playground equipment has a standard costing system based on standard machine-hours (MHS) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity .............. Fixed overhead cost.. 8,800 MH $71,720 The following data pertain to operations for the most recent period: Actual hours ...... ............. Standard hours allowed for the actual output....... Actual total fixed overhead cost Reference: 11-21 8,500 MHS 8,556 MHs $71,470 What was the fixed overhead budget variance for the period to the nearest dollar? 0 $1,739 F O $471 U $250 F 0 $2,195 F A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on machine-hours. Standard hours per unit of output....... Standard variable overhead rate .......... 4.6 machine-hours S12.25 per machine-hour The following data pertain to operations for the last month: Actual hours ..... Actual total variable manufacturing overhead cost...... Actual output... ........... 6,100 machine-hours $73,505 1,200 units What is the variable overhead rate variance for the month? O $1,220 U $5,885 F $1,220 F $5,885 U
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