Calculate the total applied fixed overhead

Assignment Help Managerial Accounting
Reference no: EM131691876

Gladner Company had planned to produce 150,500 units. However, 158,025 units were actually produced. The company uses direct labor hours to assign overhead to products. Each unit requires 0.9 standard hour of labor for completion. The fixed overhead rate was $11 per direct labor hour and the variable overhead rate was $6.36 per direct labor hour.

The following variances were computed:

Fixed overhead spending variance $24,000 U Variable overhead spending variance $9,196 U Fixed overhead volume variance 29,700 F Variable overhead efficiency variance 1,272 U

Required:

Round your answers to the nearest whole dollar.

1. Calculate the total applied fixed overhead.

2. Calculate the budgeted fixed overhead.

3. Calculate the actual fixed overhead.

4. Calculate the total applied variable overhead.

5. Calculate the number of actual direct labor hours.

6. Calculate the actual variable overhead.

Reference no: EM131691876

Questions Cloud

Write an analysis on the strategic role of human resources : Write an analysis on the strategic role of human resources in creating and then sustaining an environment in which your organization will thrive.
Discuss race as a biological adaptation : Review several of your peers posts that contain a biological trait different than the trait you chose, and compare findings
Calculate the probability that the firm stock will rise : If a large competitor will buy a small firm, the firm's stock will rise with probability 0.85. The purchase of the company has a 0.40 probability.
Differentiate univariate and bivariate in hypothesis testing : What is the meaning of variables? How are they classified? Differentiate Univariate and Bivariate in hypothesis testing.
Calculate the total applied fixed overhead : Calculate the total applied fixed overhead and Calculate the budgeted fixed overhead - alculate the number of actual direct labor hours.
In conceptualizing your questionnaires regardless : In conceptualizing your questionnaires regardless it is an interview or a self-administered questionnaires,
Portfolio from a standard deviation : She wants to reduce the level of risk associated with her portfolio from a standard deviation of 15 to a standard deviation of 5.
Person intentionally matches the communication style : Provide brief scenario where it may be preferable to utilize OD consultant. Mirroring is when one person intentionally matches communication style of another.
What was the reason for humans to migrate : What was the reason for humans to migrate. Was it an external factor or was it like the manifest destiny

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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