This topic contains a solution. Click here to go to the answer

Author Question: Cold Products Corporation manufactured 32,000 ice chests during September. The variable overhead ... (Read 54 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569

Question 1

Cold Products Corporation manufactured 27,000 ice chests during September. The variable overhead cost-allocation base is $11.75 per machine-hour. The following variable overhead data pertain to September:

ActualBudgeted
Production27,000 units26,000 units
Machine-hours13,500 hours7,800 hours
Variable overhead cost per machine-hour:$11.25$11.75
What is the variable overhead efficiency variance?
◦ $6,750 favorable
◦ $63,450 unfavorable
◦ $56,700 unfavorable
◦ $66,975 unfavorable

Question 2

Cold Products Corporation manufactured 32,000 ice chests during September. The variable overhead cost-allocation base is $13.45 per machine-hour. The following variable overhead data pertain to September:

ActualBudgeted
Production32,000 units26,000 units
Machine-hours15,200 hours10,800 hours
Variable overhead cost per machine-hour:$13.25$13.45
What is the variable overhead spending variance?
◦ $3,040 favorable
◦ $25,658 unfavorable
◦ $22,618 unfavorable
◦ $59,180 unfavorable


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Collmarie on Mar 6, 2021

nyrave

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Mar 6, 2021
Wow, this really help


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library