The Monegoemery Corporation o proslustion on the basis has a Mandard costing sys

Question

The Monegoemery Corporation o proslustion on the basis has a Mandard costing sysns in which variable manufacturing overhead is assigned of stansland machine-hours. The following data are available for September 1,500 hours Standard machine-bours allowed for September production $22,620 Actual variable mamafacturing overhead cost incurred Variable overhead rate variance $3,420 Unfavorable 54,620 Unfavorable Total variable overhead spending variance 12 Actual machine-hours worked during Sepecmber is c. D. E. None of the above 1,500 hours 1,600 hours 1,700 hours 1,885 hours Juneau Industries makes light construction equipment. The for a particular device calls for 24 direct labor- hours. During a recent period 850 devices were made. The labor rate variance was $4190 favorable and the labor efficiency variance was $8,800 unfavorable. Total labor cost was $331,010. 13 What is Juncau's actual direct labor wage rate (select the closest number)? 15.85 16.45 15.80 16.00 E None of the above

Explanation / Answer

Q12 B 1600 Hours As per chegg guidelines we answer one question per post. Kindly post remaining questions in next post Dear Student Thank you for using Chegg Please find below the answer and please give thumbs up   Statementshowing Computations Paticulars Amount Q12 Actual Variable overhead            22,620.00 Variable overheas spending Var U               4,620.00 Standard Variable overhead = 22620 - 4620            18,000.00 Standard hours allowed               1,500.00 Standard rate = 18000/1500                     12.00 Variable overhead Efficiency variance = 4620 - 3420 1200 U VOEV = (SH-AH)SR -1200 = (1500-AH)12 -100 = 1500-AH Actual hours = 1,600 Hours

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---