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Chapter 8 -BB exercise No 3 -Practice Question no 1 (1 point) Mia Corporation manufactured 1,500 units during June. The following variable overhead data pertain
Chapter 8 -BB exercise No 3 -Practice Question no 1 (1 point) Mia Corporation manufactured 1,500 units during June. The following variable overhead data pertain to June: $16,800 S19,000 $360 unfavorable Actual variable manufacturing overhead cost Flexible-budget amount for variable manufacturing overhead Variable manufacturing overhead efficiency variance What is the variable overhead flexible-budget variance? The format of vour answer must be as follows The variable overhead flexible-budget variance is $10.00 Favorable -(this is not the correct answer) Chapter 8- BB exercise No 3 -Practice Question no 2 (2 points) Using the data from question 1, answer the following question: What is the variable overhead spending variance? The format of vour answer must be as follows: The variable overhead spending variance is $10.00 Favorable (this is not the correct answer) Chapter 8 - BB exercise No 3- Practice Ouestion no 3 (1 point Michael Corporation manufactured 26,000 units during March. The fixed-overhead cost allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March: Actual 26,000 units 6,100 hours $128,000 Static Budget 24,000 units 6,000 hours S120,000 Production Machine-hours Fixed overhead costs for March What is the flexible-budget amount? The format of vour answer must be as follows: The flexible-budget amount is $10.00 (this is not the correct answer) Chapter 8- BB exercise No 3- Practice Ouestion no 4 (2 points Using the data from question 3, answer the following question: What is the amount of fixed overhead production volume variance? The format of vour answer must be as follows: The fixed overhead production volume variance is $10.00 Favorable (this is not the correct answer)
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