Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLZ HELP ASAP 1 question 4 parts Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3

PLZ HELP ASAP 1 question 4 parts
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3 DLH per unit. For March, the company planned production of 10,000 units (80\% of its production copocity of 12,500 units) and prepared the following budget. The company actually operated at 90% capocity (11,250 units) in March and incurred actual total overhead costs of $121,600. 1. Compute the standard overhead rate. Hint. Standard ollocation base at 80% capacity is 30.000DLH, computed as 10,000 units x 3.00 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Compute the standard overhead rate. Hint: 5 tandard allocation base at 80% capacity is 30,000 DLH, computed as 10,000 . units 3 DL.H ger untt, (Round your answer to 2 decimal places.) the company planned production of 10,000 bosis of DLH and the standard amount per allocation base is 3 DLH per unit. For March, The company actually operated at 90%,000 units (80% of its production capacity of 12,500 units) and prepored the following budget. 1. Compute the standard overhead rate. Hint. Standard allocation base at 80% capacity is 30.0000OH, computed as 10.000 units * 3.00 DL.H per unit. 2. Compute the total overhead variance: 3. Compute the overheod controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Compute the total overhead variance. (indicate the effect of the variance by selecting fovarabie, unfavorable, or no variance. Do not round intermediate calculations.) 3.00DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or na variance. Do not round intermediate calculations.) 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.)

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

Core Concepts Of Accounting Information Systems

Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman

11th Edition

9780470507025, 0470507020

More Books

Students also viewed these Accounting questions