User Account

All Pages

Calculate the following three overhead variances

Assignment Help Managerial Accounting
Reference no: EM13938993

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

Planned

Production 92,000 units 
Direct labor hours 506,800 DL hrs 
Fixed manufacturing overhead $205,000 
Variable manufacturing overhead $910,000 
Standard direct labor hour per unit 5.5 

Actual

Production 87,000 units 
Direct labor hours 380,000 DL hrs 
Fixed manufacturing overhead $182,400 
Variable manufacturing overhead $841,500 

Calculate the following three overhead variances. 
a. Overhead volume variance 
b. Overhead efficiency variance 
c. Overhead spending variance 
Additional Requirements 

Other Requirements: 

Calculate the following three overhead variances. 
a. Overhead volume variance 
b. Overhead efficiency variance 
c. Overhead spending variance

Reference no: EM13938993

Questions Cloud

Prepare a counter argument to the judge ruling : Prepare a counter argument to the judge's ruling, and explain why the case should be dismissed
Details of the amount of employee entitlements : Having identified 4 issues in part (a), you are now required to identify evidence that the auditor would collect to assess the issue that has been identified. For example, if an issue identified was that 150 staff had just lost their jobs, example..
New worksheet containing the report : If Solver successfully finds a solution create only the ‘Answer' Report. Excel will insert a new worksheet containing the report. Copy the contents of this worksheet into ‘Question 1' worksheet and delete it afterwards.
Why it causes paralysis on the right : Which cranial nerve is involved? Why it causes paralysis on the right? How would you differentiate this condition from other cranial nerves involvement?
Calculate the following three overhead variances : Calculate the following three overhead variances.
Implement lean within evenort : You have been employed as a consultant to implement Lean within Evenort, a business providing bespoke flanges to the oil and gas industries.
Write an appeal for the given case : Write an appeal for other issues regarding a case, Thanks for your paper on the jurisdictional issue. I think it's time though that we face the possibility that there is going to be personal jurisdiction over Jane and her company. Therefore, I'd li..
What is effect of posture on blood pressure and pulse rate : What is the effect of posture (i.e. sitting, standing, lying down for 1 minute, lying down for 10 minutes and standing after lying down) on blood pressure and pulse rate. What systems are involved and why?
Explain why damage peripheral nerve fibers often reversible : Explain why damage to peripheral nerve fibers is often reversible, whereas damage to the central nerve fibers rarely is.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Choose an item that you would like to manufacture you do

choose an item that you would like to manufacture. you do not actually need to manufacture something but will proceed

  Question on account balances

For each of the balances above would the account normally be a credit or debit balance? Enter the closing journal entries as of December 31st. What would the new balances of each account be?

  Compute return on investment for the year

For a recent year LOreal reported operating profit of 3,385 (in millions) for its Cosmetics division.

  Compute the customer margin for the anderson family

Company decides instead to use a traditional costing system in which ALL costs are allocated to customers on the basis of cleaninghours. Compute the margin for the Anderson family and calculated by multiplying the decline in jobs times the activity..

  First set of financial statements

Adriana Lopez launched a computer services company called Success Systems, which provides consulting services, computer systems installations, and custom program development. Lopez adopts the calendar year for reporting purposes and prepared the comp..

  Difference in profit under each of the alternatives

What is the difference in profit under each of the alternatives if the clocks are to be sold for $21 each to Target?

  Claim that organizations no longer need budgets

Critically assess the arguments and the evidence for the claim that organizations no longer need budgets.

  Has the company been improving its position in the market

How does company manage and develop this value (Through advertising/ branding/ innovation/ acquisition of legal rights/takeover activity of competitors in recent years?)

  World of management accounting information

World of management accounting information, emphasis paid on short term profits and monthly targets has drastically increased which leads to the ignorance of economic profit added and long term development of any organization. Managers are paying mor..

  Calculate ratios for all five years

Calculate ratios for all five years and what are the trends? Did you plot the ratios and did you do a written financial analysis?

  Preparing list of all product components

Suppose that your team is going to form the company that will manufacture chocolate chip cookies. The team is responsible for preparing list of all product components and costs necessary to make this product.

  Calculating standard material cost

Bulkboy Fitness Equipment, Inc. was recently created to produce and sell its "Biception" arm machine. Bulkboy decided to use a standard cost system to record costs related to the production of this product.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd