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neonofarm [45]
3 years ago
5

Fletcher Company collected the following data regarding production of one of its products. Compute the variable overhead efficie

ncy variance. Direct labor standard (2 hrs. @ $12.75/hr.) $25.50 per finished unit Actual direct labor hours 81,500 hrs. Budgeted units 42,000 units Actual finished units produced 40,000 units Standard variable OH rate (2 hrs. @ $14.30/hr.) $28.60 per finished unit Standard fixed OH rate ($336,000/42,000 units) $8.00 per unit Actual cost of variable overhead costs incurred $1,140,000 Actual cost of fixed overhead costs incurred $338,000
$14,300 unfavorable.

$21,450 favorable.

$4,000 unfavorable.

$4,000 unfavorable.

$21,450 unfavorable.
Business
1 answer:
densk [106]3 years ago
5 0

Answer:

$21,450 unfavorable.

Explanation:

Given:

Direct labor standard = 2 hrs @ $12.75/hr = $25.50

Actual direct labor hours = 81,500 hrs

Budgeted units = 42,000 units

Actual finished units produced = 40,000 units

Standard variable Overhead rate = (2 hrs. @ $14.30/hr.) = $28.60

Standard fixed OH rate = $8.00 per unit

Actual cost of variable overhead costs incurred = $1,140,000

Actual cost of fixed overhead costs incurred = $338,000

Now,

The standard hours for actual output

= Direct labor standard hours × Actual finished units produced

= 2 × 40,000

= 80,000 hours

now,

The variable overhead efficiency is calculated as:

= Standard variable OH rate × ( standard hours for actual output - Actual direct labor hours)

= $14.30/hr × ( 80,000 - 81,500 )

= - $21,450

here, negative sign depicts the unfavorable

Hence,

The answer is $21,450 unfavorable.

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Riverboat Adventures pays $170,000 plus $14,000 in closing costs to buy out a competitor. The real estate consists of land appra
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Explanation:

Given:

Total amount pay = $170,000 + $14,000 = $184,000

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Paddleboats appraised price = $118,800

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Total appraisal price = Land appraised amount + Building appraised amount  + Paddleboats appraised price

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8 0
3 years ago
Strieby Corp. operates a business with three separate entities as subsidiaries that operate as a unitary business: Matty Corp.,
Zielflug [23.3K]

Answer:

Those that will be required to file a California return are; Matty,

Strieby, Kennedy and Jackson .

Explanation:

Those that will be required to file a California return are; Matty, Strieby, Kennedy and Jackson. From the question we are informed that all of the entities involved are operating unitary Business, which is the same concept followed by California. And we know that

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3 0
3 years ago
Percy works two part-time jobs to help pay for college classes. On Monday, he works 3 hours at the library and 2 hours at the co
shepuryov [24]

There are numerous types of part time jobs are available nowadays in order to earn money for the qualified workers. People can earn through part-time jobs without quieting their full-time opportunities.

<h3>How much does Percy earn each hour? </h3>

Correct option is C.

For the answer to the two questions above,

3x + 2y = 36.50.... (1)

2x + 5y = 50..... (2)

Then, Eliminating x from the two equations by subtraction:

First we multiply equation 1 by 2 and equation 2 by 1.

6x + 4y = 73

6x + 15y = 150

After that, Subtracting the two,

-11y = -77

y=-77/-11

y = 7

He earns $7 at the coffee cart.

Then, Substituting y into equation 1,

3x + 14 = 36.5

3(7)+14=36.5

x = $7.50

Therefore, he earns a greater wage of $7.50 at the library.

Learn more about part-time jobs, refer to the link:

brainly.com/question/919744

6 0
2 years ago
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