Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

De cues and cost system and provides the following information to the information De mancung vouchon based on standard deedator hours Deluxe reported the following

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
De cues and cost system and provides the following information to the information De mancung vouchon based on standard deedator hours Deluxe reported the following actual results for 2018 ter of unes produce 1000 actual variable vad 8.000 de overheat, 52 300 actual direct labor hours 1700 the Game 1. congue et contestat cost and mos www.coaches, compute the art overhead cost and content weer wachace favorable) RACCONTOH hedendaard unity, www For Variance VOH COV CRC -SCIA NOK ons was consecteered to come the fed overead cost and once the accessivo For Foscanard cost Form Varance se standard cost system and provides the following utomation then to view the woman Det motstuing overed to production based on standard direct lobortus Deluxe reported the wings 2016 chamber of this produce 1000 actual variable 55.000 dovet 52.300 adubot hours, 1700 sto www the USA Acontact curty, FOH toesc standard cost S Standa Fomuta Variance TOHO Vaata ROH. Boedo TO Womance Buated FCHAROCROTON R 2.Ex wees we fountable The events because the corrector hou was more than the standard cost per director because gement wel deed tabor hours un standard and video director been the continue to the best else in uses a standard cost system and provides the following information the con to view the formation Deluxe locales manufacturing overted to production based on standard direct labor hours Deluxe reported the following actual results for 2018 actual number of units produced betead 55.000 actual fred cvetead. 52.800; actual direct laborhouts, 1.700 Read the EOH Cost variance Actual FOH Budgeted FOH FOX vous arance Bugele FOH - Allocie FOH Requirement 2: why the variances are favorable or unfavorabile The overhead cost variance unfavorable because the actual cost per direct labor hour was more than the standard cost per direct labor hour the head a variance is verable because management used fewer net labor tours than standard and variable overtind is applied (incurred) based on di The ato te because the totale overhead cost was more man the amount budgeted for total fixed overhead. The Vintable because to overhead cost cated to its was Comments and the core the next to man the total bodgeted foed overhead cost Othe ed on ect labd P18: ac Data Table - X ed FOH ated FOH $1.200 or unfavo $2,400 ecause the Static budget variable overhead Static budget fixed overhead Static budget direct labor hours Static budget number of units Standard direct labor hours 800 hours pt labor hou 400 units becaus 2 hours per unit verhead is a cause the tot pverhead. Print Done because tota fixed overhead sed on rect labo 718 Data Table - X 6 Requirements - x se 1. Compute the variable overhead cost and efficiency variances and fixed overhead cost and volume variances. 2. Explain why the variances are favorable or unfavorable. bec e Pnnt Done ecaus F Done because tota ixed overhea inpuweds and then continue to the next

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

South Western Federal Taxation 2017 Essentials Of Taxation Individuals And Business Entities

Authors: William A. Raabe, David M. Maloney, James C. Young, Annette Nellen

20th Edition

9780357109144

Students also viewed these Accounting questions