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Author Question: Zitrik Corporation manufactured 110,000 buckets during February. The variable overhead ... (Read 35 times)

karen

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on: Mar 6, 2021

Question 1

Which of the following journal entries is used to record actual variable overhead costs incurred?
◦ Accounts Payable 
 Variable Overhead Control
◦ Variable Overhead Control
 Accounts Receivable
◦ Work-in-Process Control
 Variable Overhead Control
◦ Variable Overhead Control 
 Accounts Payable  and various other accounts

Question 2

Zitrik Corporation manufactured 110,000 buckets during February. The variable overhead cost-allocation base is $5.45 per machine-hour. The following variable overhead data pertain to February:

ActualBudgeted
Production110,000 units110,000 units
Machine-hours10,500 hours10,000 hours
Variable overhead cost per machine-hour$5.55$5.45
What is the variable overhead spending variance?
◦ $1,050 favorable
◦ $1,000 unfavorable
◦ $1,050 unfavorable
◦ $1,000 favorable
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by karen on Mar 6, 2021

akemokai

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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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karen

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Reply 2 on: Mar 6, 2021
Excellent

kswal303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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