The following information is for the third quarter of this year:

	Planned	Actual
Production	92,000 units	87,000 units
Direct labor hours	506,800 DL hrs	380,000 DL hrs
Fixed manufacturing overhead	$205,000	$182,400
Variable manufacturing overhead	$910,000	$841,500
Standard direct labor hour per unit	5.5

Calculate the following three overhead variances.

a. Overhead volume variance

b. Overhead efficiency variance

c. Overhead spending variance

Posted Date: 4/3/2013 3:59:24 AM | Location : United States

Ask an Expert

Related Discussions:- overhead efficiency variance, Assignment Help, Ask Question on overhead efficiency variance, Get Answer, Expert's Help, overhead efficiency variance Discussions

Write discussion on overhead efficiency variance
Your posts are moderated

Write your message here..

Related Questions

Subisdiary book, what is journal what is journal

Example on financial and managerial accounting, Mr N. M. is lucky to have a... Mr N. M. is lucky to have a lottery prize of Rs 20 million. He does not have any liability and does not have any claimant over this money. He has the following alternatives: (i)

Concept and convention, write a short note of concept and convention write a short note of concept and convention

Great adventures problem 5-1, Tony and Suzie are ready to expand Great Adve... Tony and Suzie are ready to expand Great Adventures even further in 2019. Tony believes that many groups in the community (for example, Boy Scouts, church groups, civic groups, and

Calculate the beta of assets , An investor holds a bullish view for the equ... An investor holds a bullish view for the equity market over the next twelve months and wishes to recalibrate his portfolio to reflect this view. The investor's portfolio consists o

Determine the term- understandability, Determine the term- Understandabilit... Determine the term- Understandability Accounting reports must be expressed as clearly as possible and must be understood by those at whom the information is aimed.

methods of costing, Q.2  Explain different methods of costing. Your answer... Q.2  Explain different methods of costing. Your answer should be studded with examples (preferably firm name and product) for each method of costing.

Prepare cash budget for three months, QUESTION 1: P A RT A You... QUESTION 1: P A RT A You  are  given with  the  following information relating to Rooney PLC . The accountant is currently developing the budget for the next three mo

Prepare tally & co.''s journal, Tally & Co. incurred a pretax operating los... Tally & Co. incurred a pretax operating loss of $100,000 in its first year of operations for both financial reporting and income tax purposes. However, it expects to be profitable

Cash flow statement, 1. A fellow student says to you: "The statement of cas... 1. A fellow student says to you: "The statement of cash flows is the easiest of the basic financial statements to prepare because you know the answer before you start. You compare