Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

OH variances Nes san Co, manulactures a product that requires 3.5 machinet hours per unit, The variable and fued cverhead rates were computed using expected

image text in transcribed
OH variances Nes san Co, manulactures a product that requires 3.5 machinet hours per unit, The variable and fued cverhead rates were computed using expected capacity of 345,600 units (produced evenly throughout the year) and expected variable and fixed orerhead costs, respectively, of 54,838,400 and 58467,200 , in October, Nelson manufactired 28,560 units using 100,320 machine heurs Octobervariable caverhead costs were 3396,000 , fixed overhead costs were 5706,800 . a. What are the standard variable and fixed cweihead rates? b. Campute the varisble overhead variances. Notei Do not use a negatives sign with your answer c. Compute the fixed onthead variances. Note: Do not usa a negative sign with your arswer. rotsectising valatice 1 rovivolume variance is Tond fort viriance is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Advanced Financial Accounting

Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker

10th edition

78025621, 978-0078025624

More Books

Students also viewed these Accounting questions