Question
USE THE FOLLOWING INFORMATION FOR QUESTIONS 27 THROUGH 31. Production- Variances Spending Efficiency Volume Variable overhead $ 7,500 F $30,000 U (B) Fixed overhead $28,000
USE THE FOLLOWING INFORMATION FOR QUESTIONS 27 THROUGH 31.
Production- Variances Spending Efficiency Volume
Variable overhead $ 7,500 F $30,000 U (B)
Fixed overhead $28,000 U (A) $80,000 U
27. Above is a:
Select one:
A. 4-variance analysis
B. 6-variance analysis
C. 2-variance analysis
D. 3-variance analysis
Question text
28. In the above table, the amounts for (A) and (B), respectively, are:
Select one:
a. $10,500 U; $55,000 U
b. $10,500 U; Zero
c. Zero; $55,000 U
d. Zero; Zero
29. In a 3-variance analysis, the total spending variance would be:
Select one:
a. $ 20,500 F
b. $ 22,500 U
c. $ 20,500 U
d. $ 37,500 F
30. In a combined 3-variance analysis, the total production-volume variance should be ________.
Select one:
a. $ 80,000 F
b. $ 80,000 U
c. $108,000 F
d. $108,000 U
31. In a combined 1-variance analysis, the total overhead variance should be ________.
Select one:
a. $145,500 F
b. $130,500 U
c. $145,500 U
d. $130,500
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