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Art [367]
3 years ago
14

The predetermined overhead rate for Zane Company is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The

amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $9500 variable and $6050 fixed, and standard hours allowed for the product produced in June was 3000 hours. The total overhead variance is
Business
2 answers:
Usimov [2.4K]3 years ago
8 0

Answer:

Total Overhead Variance= $500 unfavorable

Explanation:

The total overhead variance is the difference between actual overhead and the applied overhead.

Actual Overhead = Variable + Fixed= $9500 + $6050= $ 15,550

Budgeted Overhead for 30000 direct labor hours = $ 150,000

Applied Overhead for 3000 hours = 3000 *$5= $15000

Total Overhead Variance= Actual Overhead Less Applied Overhead

                                    = $15,500- $ 15000= $500 unfavorable

As actual is greater than applied it is unfavorable.

NeTakaya3 years ago
4 0

Answer:

$550 unfavorable.

Explanation:

Total actual overhead = $9,500 + $6,050 = $15,550

Total predetermined overhead = Predetermined overhead rate * Standard hours = $5 * 3,000 = $15,000

Total overhead variance = $15,550 - $15,000 = $550 unfavorable.

Note: It is unfavorable because total actual is greater than total predetermined overhead.

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<h3>What is breaking bulk?</h3>

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3 0
2 years ago
At its $60 selling price, Atlantic Company has sales of $15,000, variable manufacturing costs of $4,000, fixed manufacturing cos
Kay [80]

Answer:

$28

Explanation:

Step 1:

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Step 2:

To calculate the company's contribution margin per unit,

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Cheers.

6 0
3 years ago
What item flows from the income statement to the statement of retained​ earnings?.
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The motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgage i
dlinn [17]

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<h3>What is  unethical behavior?</h3>

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In most cases it is usually as a result of greed and the wish to inflate their own earnings.

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7 0
1 year ago
Please help me anyone (picture attached)
sergey [27]

Answer:

Im not entirely sure, but i think

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Explanation:

3 0
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