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requirement 3 dropdown choices are: 1. fixed or variable 2 AND 3 AND 4. 5. none or most O Question Help The Gustafs Corporation is

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requirement 3 dropdown choices are:
1. fixed or variable
2 AND 3 AND 4.
image text in transcribed
5. none or most
O Question Help The Gustafs Corporation is a manufacturer of contrifuges. Food and variable manufacturing overheads are allocated to each centrifuge using budgeted assembly hours. Budgeted assembly time is 2 hours per unit The following table shows the budgeted amounts and actual results related to overhead for June 2017 Click the icon to view the table.) Read the resuirements Requirement 1. Prepare an analysis of all variable manufacturing overhead and freed manufacturing overhead variano Begin by calculating the following amounts for the variable overhead Actual Input Actual Costs Flexible Allocated Incurred Budgeted Rate Budget Overhead Variable OH Now complete the table below for the fixed manufacturing overhead. Same Budgeted Lumptum Actual Costs Regardless of Flexible Allocated Incurred Output Level Budget Overhead Fred OH Choose from any list or enter any number in the input fields and then continue to the next question San. centrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge using budgeted assembly-hou nts and actual results related to overhead for June 2017. Data Table - Gable m the var Ad Actual Static Results Budget Bud 220 160 396 The Gustafs Corporation (June 2017) Number of centrifuges assembled and sold Hours of assembly time Variable manufacturing overhead cost per hour of assembly time Variable manufacturing overhead costs Fixed manufacturing overhead costs $ 30.00 anufactul Sam 12,296 16,160 $ 14,720 L Red Print Done ou in the input fields and then continue to the next question. The Gustal Corporation is a manufacturer of centrifuge Fixed and variable manufacturing overheads are allocated to each centrifuge using budged assembly-hours. Budgeted assembly time is 2 hours per unit The following table shows the budgeted amounts and actual results related to overhead for June 2017 Click the icon to view the table) Read the regulaments Same Budgeted Lump Sum Actual Coats Regardless of Flexible Allocated Incurred Output Level Budget Overhead Fixed OH Now complete the variance analysis using the amounts you called above. If no variants leave the dolar value blank Label the variance as favorable (F), unfavorable (U) or never a variance (N) 4-Variance Spending Efficiency Production Volum Analysis Variance Variance Variance Variable OH Fred OH Requirement 2. Prepare journal entries for Gustaf June 2017 variable and fed manufacturing overhead costs and wines: write of these variances to cost of Good Bold for the quarter ending June 30, 2017 (Record debits first, the credits Exclude exploration from any jumalat) Begin by recording the actual variable manufacturing overhead roured Choose from any list or enter any number in the input fields and then continue to the next question Save for later tual results related to overhead for June 2017. Click the icon to view the table.) Read the requirements. Begin by recording the actual variable manufacturing overhead incurred. Journal Entry Date Accounts Debit Credit Record the variable manufacturing overhead allocated. Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later MacBook Pro IND Click the icon to view the table.) Read the requirements. Record the variable manufacturing overhead variances for the period. Journal Entry Debit Credit Date Accounts Record the variable manufacturing overhead variance write-off. Journal Entry Accounts Debit Dato Credit Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later MacBook Pro The Gustafs Corporation is a manufacturer of centrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge The following table shows the budgeted amounts and actual results related to overhead for June 2017. Click the icon to view the table.) Read the requirements. Record the actual fixed overhead costs incurred. Journal Entry Date Accounts Debit Credit Record the fixed overhead costs allocated. Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later MACBOOK The Gustafs Corporation is a manufacturer of centrifuges. Fixed and variable manufacturing overheads are allocated to each centrifuge u The following table shows the budgeted amounts and actual results related to overhead for June 2017 Click the icon to view the table.) Read the requirements Record the fixed overhead variances for the period. Journal Entry Date Accounts Debit Credit Record the fixed manufacturing overhead variance write-off Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later MacBook Pro Requirement 3. How does the planning and control of variable manufacturing overtad costs differ from the planning and control of freed manufacturing overhead cos? Planning and control of manufacturing overhead costs has both a long-run and a shorten focus. The long-run focus involves Oustal planning to and for the short run focus to in the most efficient way Planning and control manufacturing overhead shave primarily a long-run focus. It involves for a budgeted level of output. Gustos of the key decisions that determine the level of overhead costs at the start of the accounting period. Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Requirement 3. How does the planning and control of variable manufacturing Planning and control of manufacturing overhead costs has both a lo and for the short e primaril manage the cost drivers of value-added overhead activities ad costs undertake only value-added overhead activities Choose from any list or enter any number in the input mielas ana then con Save for Later

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