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Anna11 [10]
2 years ago
13

Rand Company had May operations as follows. Units actually produced 76,000 Actual direct labor hours worked 160,000 Actual varia

ble overhead incurred $500,000 Actual fixed overhead incurred 384,000
Based on monthly normal volume of 100,000 units (200,000 direct labor hours), Rand's standard cost system contains the following overhead costs:
Variable $6 per unit
Fixed 4 per unit
The unfavorable variable overhead spending variance was:_________
A. 12,000
B. 20,000
C. 24,000
D. 44,000
Business
1 answer:
Pavel [41]2 years ago
4 0

Answer:

B. 20,000

Explanation:

Standard Variable overhead rate = $6 per units / 2 direct labour hour

Standard Variable overhead rate = $3 per hour

Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)

Variable overhead spending variance = 160,000 * (3.125 -3)

Variable overhead spending variance = 160000*0.875

Variable overhead spending variance = 20,000

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In this case, employees are empowered to meet customer needs without seeking a manager's permission abs this is an example of job enrichment.

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2 years ago
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Explanation:

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3 years ago
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The description according to another circumstance is summarized throughout the subsection below.

Explanation:

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4 0
3 years ago
Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C
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Answer:

C : $686

Explanation:

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8 0
3 years ago
XYZ DebenturesIssue Date: 8-1-XXPayment Dates: J 1 &amp; J 1Maturity Date: 7-1-XXSome years after issuance, a customer buys 10 d
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Answer:

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Accrued interest on corporate bonds is based on a 30days per month/360 day year.

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See below for day calculation

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