Question
Mia Corporation manufactured 1,500 units during June. The following variable overhead data pertain to June: Actual variable manufacturing overhead cost $16,800 Flexible-budget amount for variable
Mia Corporation manufactured 1,500 units during June. The following variable overhead data
pertain to June:
Actual variable manufacturing overhead cost $16,800
Flexible-budget amount for variable manufacturing overhead$19,000
Variable manufacturing overhead efficiency variance$360 unfavorable
What is the variable overhead flexible-budget variance?
The format of your 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 your 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 Question 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:
ActualStatic Budget
Production26,000 units24,000 units
Machine-hours6,100 hours6,000 hours
Fixed overhead costs for March$128,000$120,000
What is the flexible-budget amount?
The format of your 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 Question 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 your 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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