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What is the variable overhead spending 1 point variance for the period? * Dee Company produces a single product. The standard cost card for the
What is the variable overhead spending 1 point variance for the period? * Dee Company produces a single product. The standard cost card for the product follows: Direct materials (4 yards @ P5 per yard) P 20 Direct labor (1.5 hours @ P 10 per hour) P15 Variable manufacturing overhead (1.5 hours @ P 4 per hour) P6 During a recent period, the company produced 1,200 units of product. Various costs associated with the production of these units are given below: Direct materials purchased (6,000 yards) P 28,500 Direct materials used in production 5,000 yards Direct labor cost incurred (2,100 hours) P 17,850 Variable manufacturing overhead cost incurred P 10,080 The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on bas lirect labor hours. 1,680 F 1,440 F 1,440 UF 1,680 UF 1 point What is the variable overhead efficiency variance for the period? * Dee Company produces a single product. The standard cost card for the product follows: Direct materials (4 yards @ P5 per yard) P 20 Direct labor (1.5 hours @ P 10 per hour) P 15 Variable manufacturing overhead (1.5 hours @ P 4 per hour) P6 During a recent period, the company produced 1,200 units of product. Various costs associated with the production of these units are given below: Direct materials purchased (6,000 yards) P 28,500 Direct materials used in production 5,000 yards Direct labor cost incurred (2,100 hours) P 17,850 Variable manufacturing overhead cost incurred P 10,080 The company records all variances at the earliest possible point in time. Variable manufacturing overhead costs are applied to products on the basis of direct labor hours. 1,440 UF 1,200 UF 1,200 F O 1,440 F 1 point What was overhead controllable variance? * The FOH variances were determined as follows: Variable overhead spending variance Variable overhead efficiency variance Fixed overhead spending variance Fixed overhead volume variance P 3,500 F P 4,000 U P 5,000 F P 6,500 U 500 F 5,500 U 4,500 F 1,500 U what is the total overhead variance? * 1 point The FOH variances were determined as follows: Variable overhead spending variance Variable overhead efficiency variance Fixed overhead spending variance Fixed overhead volume variance P 3,500 F P 4,000 U P 5,000 F P 6,500 U 3,500 F 3,000 UF 2,000 F 2,000 UF
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