Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kata Systems allocates manufacturing overhead based on machine hours. Each connector should require 10 machine hours. According to the static budget, Kata expected to incur
Kata Systems allocates manufacturing overhead based on machine hours. Each connector should require 10 machine hours. According to the static budget, Kata expected to incur the following: (Click the icon to view the static budget information.) During August, Kata actually used 500 machine hours to make 85 connectors and spent $5,000 in variable manufacturing costs and $9,100 in fixed manufacturing overhead costs. Calculate the variable overhead cost variance for Kata. O A. $3,725 F O B. $750 U C. $2,225 F OD. $2,975 F -X Data Table 1,000 machine hours per month (100 connectors x 10 machine hours per connector) $8,500 in variable manufacturing overhead costs $7,535 in fixed manufacturing overhead costs Print Done
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started