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 93 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
YES! Correct, THANKS for helping me on my review


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library