{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T04:43:55-04:00", "answer_date": "2024-06-28 04:43:55", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4241692", "url": "\/study-help\/questions\/otago-stationery-company-manufactures-cardboard-folders-the-company-has-developed-4241692", "question_creation_date_js": "2024-06-28T04:43:55-04:00", "question_creation_date": "Jun 28, 2024 04:43 AM", "meta_title": "[Solved] Otago Stationery Company manufactures car | SolutionInn", "meta_description": "Answer of - Otago Stationery Company manufactures cardboard folders. The company has developed standard overhead rates based on a | SolutionInn", "meta_keywords": "otago,stationery,company,manufactures,cardboard,folders,developed,standard,overhead,rates,based,monthly", "question_title_h1": "Otago Stationery Company manufactures cardboard folders. The company has developed standard overhead rates based on a monthly capacity of 180 000 direct labour hours (DLH)", "question_title": "Otago Stationery Company manufactures cardboard folders. The company has developed standard overhead", "question_title_for_js_snippet": "Otago Stationery Company manufactures cardboard folders The company has developed standard overhead rates based on a monthly capacity of 180 000 direct labour hours (DLH) as follows Standard costs per unit one box of folders) Variable overhead (2 hours $6 per DLH $12 Fixed overhead (2 hours $10 per DLH) E Total During April, 90,000 units were budgeted for production however, only 30,000 units were produced The following data relate to April ' Actual direct labour cost incurred was $3,135,000 for 165,000 actual hours of work ' Actual overhead incurred totalled $2, 43,000, of which $1,023,000 was variable and $1,720,000 was fixed Questions Prepare two exhibits, similar to Exhibits 11 5 Links to an external site ) (p 531 from your eText) and 11 6 Links to an external site ) (p 533 from your eText), showing the following variances State whether each variance is favourable or unfavourable 1 variable overhead spending variance 2 variable overhead efciency variance 3 fixed overhead budget variance 4 fixed overhead volume variance", "question_description": "
\"image<\/div><\/div><\/div> Otago Stationery Company manufactures cardboard folders. The company has developed standard overhead rates based on a monthly capacity of 180 000 direct labour hours (DLH) as follows: Standard costs per unit [one box of folders): Variable overhead (2 hours @ $6 per DLH} $12 Fixed overhead (2 hours @ $10 per DLH) E Total During April, 90,000 units were budgeted for production; however, only 30,000 units were produced. The following data relate to April: ' Actual direct labour cost incurred was $3,135,000 for 165,000 actual hours of work. ' Actual overhead incurred totalled $2,?43,000, of which $1,023,000 was variable and $1,720,000 was fixed. Questions: Prepare two exhibits, similar to Exhibits 11.5 {Links to an external site.) (p. 531 from your eText) and 11.6 [Links to an external site.) (p. 533 from your eText), showing the following variances. State whether each variance is favourable or unfavourable: 1. variable overhead spending variance 2. variable overhead efciency variance 3. fixed overhead budget variance 4. fixed overhead volume variance", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "B08P2C2V11", "uri": "\/textbooks\/black-spartacus-huey-p-newtons-revolutionary-suicide-revisited-a-psychohistorical-analysis-of-successful-revolutionary-violence-throughout-black-history-1st-edition-979-8569562732-265309", "name": "Black Spartacus Huey P Newtons Revolutionary Suicide Revisited A Psychohistorical Analysis Of Successful Revolutionary Violence Throughout Black History", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:43:55", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-analysis-of-the-first-eight-transactions-of-allinone-accounting-241215", "description": "The analysis of the first eight transactions of All-in-One Accounting Service follows. 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