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Charlotte Manufacturing Corp. has the following overhead budget for April. Activity level: machine-hours 2,600 Variable overhead costs: Supplies $5,200 Indirect labor 22,100 Fixed overhead costs:

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Charlotte Manufacturing Corp. has the following overhead budget for April. Activity level: machine-hours 2,600 Variable overhead costs: Supplies $5,200 Indirect labor 22,100 Fixed overhead costs: Supervision 15,600 Utilities 6,000 Depreciation 7,000 Total overhead cost $55.900 The company's variable overhead costs are driven by machine hours. What would be the total budgeted overhead cost for next month if the activity level is 2,700 machine-hours rather than 2,600 machine-hours? $61,350 $62,660 $56,950 $60.250 In January, a company's direct-material costs for the manufacture of product T were: Actual unit purchase price $6.50 Standard quantity allowed for actual production 2,700 2,600 Quantity purchased and used for actual production $6.00 Standard unit price The material usage variance was: O $600 favorable O $1,300 favorable $600 unfavorable $1,300 unfavorable Local Company provided the following data for the April production activity are as follows: $32,000 Variable factory overhead spending variance-Unfavorable 6.00 Standard variable factory overhead rate per direct-labor hour 33,000 Standard direct-labor hours allowed Actual direct-labor hours 32,000 Actual variable overhead was: $200,000 $192,000 $224,000 O $198.000 A company uses a standard cost system and prepared the following budget at normal capacity for January: Direct-labor hours (denominator hours) 24,000 Variable factory overhead $ 48,000 Fixed factory overhead $108,000 Total factory overhead per direct-labor hour $ 6.50 Actual data for January were as follows: Direct-labor hours worked 24,000 Total fixed factory overhead $105,000 Total variable overhead $ 52,000 Standard direct-labor hours allowed for capacity attained 23.000 What is the variable overhead spending variance for January? $4.000 favorable $2.000 unfavorable $2.000 favorable $4,000 unfavorable Hot Dog Place prepares and sells hot dogs in a business district. The budget for the current month assumes that 10,000 meals are served. Budget information for the month Average selling price per hot dog meal (drink included) $5.00 Hot Dog meal selling prices range from $4 to $6 each. Food costs average $2 per meal. $2.00 Other variable costs are $1 per meal. $1.00 Rent is fixed at $4,000 per month. $4,000 Other fixed costs are $1,000 per month. $1,000 Actual results for the month Actual sales for the month: 12,000 meals. 12,000 Total sales dollars for the month $59,000 What is the revenue variance for the month? $1,000 (F) 0 $1,000 (0) $10.000 (F) $10,000 (U)

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