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Sonja [21]
3 years ago
7

The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $ 4

7,420 and the standard fixed overhead cost allocated to production was $ 47,220. The actual fixed overhead totaled $ 46,670. Compute the fixed overhead budget variance and the fixed overhead volume variance.
Business
1 answer:
Jobisdone [24]3 years ago
8 0

Answer:

$750 favorable ; $200 unfavorable

Explanation:

The computations are shown below:

For fixed overhead budget variance:

= Budgeted fixed overhead - actual fixed overhead

= $47,420 - $46,670

= $750 favorable

For fixed overhead volume variance:

= Budgeted fixed overhead - standard fixed overhead cost allocated to production

= $47,420 - $47,220

= $200 unfavorable

Hence we consider all the given information

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Answer:

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Dr Direct Materials Price Variance $8,575

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B. Dr Work in Process $97,000

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Explanation:

Preparation of the journal entries

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2 years ago
When is a bond's par value generally repaid?
mote1985 [20]
At maturity.........................
7 0
3 years ago
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In 2 hrs, Whitney can make 4 dozen cookies or 2 peach tarts. Her friend, Amy, can make 7 dozen cookies or 1 peach tart.
bogdanovich [222]

Answer: 4 dozen cookies and 1 peach tart

Explanation:

Whitney can make:

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Amy can make:

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If Whitney specialize in cookies and there is no production of tart but only the production of cookies by Whitney, then,

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If Amy specialize in peach tart and there is no production of cookies but only the production of peach tart by Amy, then,

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3 0
3 years ago
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olchik [2.2K]

Answer:

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Rob changes his car every year and prefers a car that is always under warranty. Which option will suit him best?. . Select one o
never [62]
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4 0
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