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Tamarisk Corp. supplies its customers with high - quality canvas tents. These canvas tents sell for $ 1 7 0 each, with the following DM
Tamarisk Corp. supplies its customers with highquality canvas tents. These canvas tents sell for $ each, with the following DM
and DL usage and price expectations.
Direct materials square yards per unit @ $square yard
Direct labor DL hours per unit @$ DL hour
VariableMOH hours per unit @ $DL hour
Throughout the year, Tamarisk used DL hours in the process of making tents. The company had originally planned to
produce and sell tents. Its actual variableMOH costs totaled $ for the year.
a
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Determine Tamarisk's variableMOH price and efficiency variances. Also identify whether the company's variableMOH costs
were under or overapplied, and by how much.
eTextbook and Media
List of Accounts
Attempts: of used
b
Record the journal entries to accompany the following transactions for variableMOH: actual variableMOH cost incurred
consider that half was for utilities not yet paid, and half was for accrued indirect labor allocation of variableMOH cost to
production, and recognition of specific variableMOH variances while closing out the VariableMOH Control accountCredit
account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for
the account titles and enter for the amounts. List all debit entries before credit entries.
No Account Titles and Explanation
Debit
Credit
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