Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you work for General Grievous on Utapau where you oversee the production of all of the imperial droids. General Grievous would like an

Suppose you work for General Grievous on Utapau where you oversee the production of all of the imperial droids. General Grievous would like an update on the budgets for the droid assembling, including details relating to variances for production. Consider the following information for the month of March: Manufacturing overhead: Actual units produced: 21,000 units Actual direct labour hours: 5,355 hours Actual Variable Manufacturing Overhead Rate: $99 per Direct Labor Hour Actual Fixed Manufacturing Overhead $535,000 Budgeted units produced: 20,000 units Standard hours per unit: 0.25 hrs/unit Standard Variable Manufacturing Overhead Rate: $101 per Direct Labour Hour Budgeted Fixed Manufacturing Overhead: $505,000 What was the fixed manufacturing budget variance? $30,000F $25,250U $30,000U $25,250F

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Correct answer 30000 U unfavourable Formula Fixed Manufacturi... 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

Managerial Economics A Problem-Solving Approach

Authors: Luke M. Froeb, Brain T. Mccann

2nd Edition

B00BTM8FK0

More Books

Students also viewed these Accounting questions

Question

What is the most common problem to avoid during interviewing?

Answered: 1 week ago