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PilotLPTM [1.2K]
1 year ago
9

company manufactures pillows. the operating budget was based on production of ​pillows, with ​machine-hours allowed per pillow.

budgeted variable overhead per hour was . actual production for was pillows using ​machine-hours. actual variable costs were per​ machine-hour. calculate the​ following: a. the budgeted variable overhead for b. the variable overhead spending variance c. the variable overhead efficiency variance
Business
1 answer:
MatroZZZ [7]1 year ago
4 0

a. The budgeted variable overhead is $468,750.

b. The variable overhead spending variance is $38,100 Favorable

c. The variable overhead efficiency variance is $30,000 Favorable

<h3>What is variable overhead?</h3>

Variable overhead is a cost of running a business that varies with operational activity. Variable overheads rise and fall in lockstep with production output. Overheads, such as administrative overhead, are often a set cost.

The variable manufacturing overhead controllable variance reflects how effectively the company stuck to its budget. The difference between the planned fixed overhead at normal capacity and the standard fixed overhead for the actual units produced is the fixed factory overhead volume variance.

a. The budgeted variable overhead for 2017 = Budgeted hours * Variable overhead rate per hour

= (25000*0.75)*$25 = $468,750

b. Variable overhead spending variance = (SR - AR) * AH = ($25 - $23) * 19050 = $38,100 Favorable

c. Variable overhead efficiency variance = (SH - AH) * SR = (27000*0.75 - 19050) * $25 = $30,000 Favorable

Learn more about budget on:

brainly.com/question/8647699

#SPJ1

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The first thing we have to keep in mind is that dividends are liabilities, that is, they represent cash outflows for the corporation. In the example, we can distinguish two moments: the declaration of a cash dividend and its effective distribution. Next, we will analyze them from an accounting point of view:

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Answer:

thanks man

Explanation:

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