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Dosier Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has
Dosier Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month. Normal level of activity 5, 100 MHs Actual level of activity 5,000 MHs Standard activities allowed for the actual output 5, 200 MHs Standard variable manufacturing overhead rate $6.10 per MH Budgeted fixed manufacturing overhead cost $65,000 Actual variable manufacturing overhead $28, 500 Actual total fixed manufacturing overhead $63,000 What was the overhead budget variance for the month? A. $2,000 unfavorable B. $2,000 favorable C. $610 unfavorable D. $610 favorable What was the fixed overhead volume variance for the month? A. $1, 275 unfavorable B. $1, 275 favorable C. $610 unfavorable D. 4610 favorable Dynozz Corporation currently produces cardboard boxes in an automated process. Expected production per month is 15,000 units, direct material costs are $0.50 unit, and manufacturing overhead costs are $15,000 per month. Manufacturing overhead is all fixed costs. What are the flexible budget for 10,000 and 15,000 units, respectively? A. $15,000; $22, 500 B. $15,000; $17, 500 C. $20,000; $22, 500 D. $20,000; $17.500 A company had income of using absorption costing for a given period. Beginning and ending inventories for that period were 13,000 units and 18,000 units, respectively. Ignoring income taxes, if the fixed overhead application rate was $3.00 per unit, what was the income using variable costing? A. $75,000 B. $60,000 C. $45,000 D. Not sufficient information to determine
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