{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:35:38-04:00", "answer_date": "2024-06-29 02:35:38", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4450060", "url": "\/study-help\/questions\/you-have-just-been-hired-by-fab-corporation-the-manufacturer-4450060", "question_creation_date_js": "2024-06-29T02:35:38-04:00", "question_creation_date": "Jun 29, 2024 02:35 AM", "meta_title": "[Solved] you have just been hired by FAB Corporati | SolutionInn", "meta_description": "Answer of - you have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The p | SolutionInn", "meta_keywords": "hired,fab,corporation,manufacturer,revolutionary,new,garage,door,opening,device,president,asked", "question_title_h1": "you have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review", "question_title": "you have just been hired by FAB Corporation, the manufacturer of a", "question_title_for_js_snippet": "you have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device The president has asked that you review the company' s costing system and do what you can to help us get better control of our manufacturing overhead costs You nd that the company has never used a exible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March Cost Formula Actual Cost in March Utilities $16,500 $0 19 per machine hour $ 21,910 Maintenance $38,000 $1 90 per machine hour $ 67,900 Supplies $0 40 per machine hour $ 7,400 Indirect labor $95,000 $2 00 per machine hour $ 133,900 Depreciation $68,300 $ 70,000 During March, the company worked 17,000 machine hours and produced 11,000 units The company had originally planned to work 19,000 machine hours during March Required 1 Calculate the activi variances for March I Utilities Maintenance Supplies Indirect labor Depreciation Total", "question_description": "
\"image<\/div><\/div><\/div><\/figure> you have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company' s costing system and \"do what you can to help us get better control of our manufacturing overhead costs.\\\" You nd that the company has never used a exible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control. After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March: Cost Formula Actual Cost in March Utilities $16,500 + $0.19 per machine-hour $ 21,910 Maintenance $38,000 + $1.90 per machine-hour $ 67,900 Supplies $0.40 per machine-hour $ 7,400 Indirect labor $95,000 + $2.00 per machine-hour $ 133,900 Depreciation $68,300 $ 70,000 During March, the company worked 17,000 machine-hours and produced 11,000 units. The company had originally planned to work 19,000 machine-hours during March. Required: 1 Calculate the activi variances for March. I Utilities Maintenance Supplies Indirect labor Depreciation Total", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "1111569010", "uri": "\/textbooks\/fundamentals-of-mechatronics-1st-edition-9781111569013-9781133711131", "name": "Fundamentals Of Mechatronics", "edition": "1st\u00a0Edition" }, "question_posted": "2024-06-29 02:35:38", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/use-newtons-method-to-find-all-roots-of-the-equation", "description": "Use Newtons method to find all roots of the equation sin x = x2 3x + 1 correct to six decimal places.", "stars": 3 }, { "url": "\/study-help\/psychology\/what-rank-is-the-position-visiting-instructor-assistant-associate-full-1980923", "description": "What rank is the position (visiting, instructor, assistant, associate, full)?", "stars": 3 }, { "url": "\/follow-the-instructions-in-the-preceding-the-case-in-1059", "description": "Follow the instructions in the preceding the case in 10.59. 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Caset beskriver hur Vanguard Electronics frndrade sin struktur genom att utveckla...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/the-question-is-in-the-pictures-4-donny-clark-just-4450059", "next": "\/study-help\/questions\/ccp-publishers-you-have-been-hired-by-chris-paraskevopoulos-who-4450061" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "you have just been hired by FAB Corporation, the manufacturer of a", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/you-have-just-been-hired-by-fab-corporation-the-manufacturer-4450060" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }d": "1" } }