Question
Question 2 is part E,F, and G Buckley Manufacturing reported the following budgeted and actual figures for one of its products: Standard variable overhead cost
Question 2 is part E,F, and G
Buckley Manufacturing reported the following budgeted and actual figures for one of its products:
Standard variable overhead cost per unit (1 hour at $2.00 per hour) | $2.00 |
Actual variable overhead costs | $4,750 |
Budgeted units | 725 |
Actual units produced | 300 |
Given this data, what is the total variable overhead variance for this product?
A. $3,300 favorable
B.$4,150 unfavorable
C. $4,150 favorable
D. $3,300 unfavorable
F. Easel Manufacturing budgeted fixed overhead costs of $2.75 per unit at an anticipated production level of 1,350 units. In July Easel incurred actual fixed overhead costs of $5,000 and actually produced 1,100 units.
What is Easel's fixed overhead budget variance for July?
A. $1,287.50 unfavorable
B. $1,287.50 favorable
C. $1,975.00 unfavorable
D. $1,975.00 favorable
G.
Network Enterprises incurred actual fixed manufacturing overhead costs of $22,800 for the month of September. If the fixed manufacturing overhead budget variance was a favorable $6,300 what were the budgeted fixed overhead costs?
A. $6,300
B. $22,800
C. $16,500
D. $29,100
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