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Author Question: Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead costs ... (Read 65 times)

CORALGRILL2014

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on: Mar 6, 2021

Question 1

Russo Corporation manufactured 21,000 air conditioners during November. The overhead cost-allocation base is $34.50 per machine-hour. The following variable overhead data pertain to November:

ActualBudgeted
Production21,000 units23,000 units
Machine-hours12,700 hours13,800 hours
Variable overhead cost per machine-hour:$34.00$34.50
What is the total variable overhead variance?
◦ $2,900.00 unfavorable
◦ $3,450.00 unfavorable
◦ $2,900.00 favorable
◦ $3,450.00 favorable

Question 2

Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead costs were incurred and the flexible-budget amount for the month was $240,000. Which of the following variable manufacturing overhead entries would have been recorded for May?
◦
Accounts Payable Control and other accounts240,000
Work-in-Process Control240,000

◦
Work-in-Process Control240,000
Variable Manufacturing Overhead Allocated240,000

◦
Work-in-Process Control234,000
Accounts Payable Control and other accounts234,000

◦
Accounts Payable Control and other accounts234,000
Variable Manufacturing Overhead Control234,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by CORALGRILL2014 on Mar 6, 2021

wfdfwc23

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Reply #1 on: Mar 6, 2021
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.
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CORALGRILL2014

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Reply 2 on: Mar 6, 2021
Gracias!

nguyenhoanhat

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Reply 3 on: Yesterday
Excellent

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