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makkiz [27]
3 years ago
6

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta

ndard hours per unit of output 9.0 hours Standard variable overhead rate $ 15.40 per hour The following data pertain to operations for the last month: Actual hours 2,975 hours Actual total variable manufacturing overhead cost $ 46,595 Actual output 250 units What is the variable overhead efficiency variance for the month
Business
1 answer:
Naddik [55]3 years ago
6 0

Answer:

$11.165 unfavorable

Explanation:

The formula to compute the variable overhead efficiency variance is shown below:

= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour

where,  

Actual direct labor hours is 2,975

And, the standard direct labor hours equal to

= 250 units × 9

= 2,250

Now put these values to the above formula  

So, the value would equal to

= (2,975 - 2,250) × $15.40

= $11.165 unfavorable

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Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equil
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Generally,

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4 0
2 years ago
Last year the Baldwin company increased their equity. In 2020 their equity was $49,131. Last year (2021) it increased to $54,834
Oduvanchick [21]

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The missing options includes <em>"A bond issue of$1,377. Issue and retirement of stock . Profits of $12,805 . A change of plant and equipment of$9,580. Plant Improvements of $9,580 A change in short term debt of-$4,478. Depreciation of -$41,287 Dividend payment of$6,489. A change in cash of $481. An accounts payable change of$1,546. Change in inventory of-$3,472."</em>

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3 0
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White raven [17]

Answer:

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