In addition to other costs fenwick telephone company

Reference no: EM13574723

In addition to other costs, Fenwick Telephone Company planned to incur $475,200 of fixed manufacturing overhead in making 352,000 telephones. Fenwick actually produced 361,000 telephones, incurring actual overhead costs of $484,200. Fenwick establishes its predetermined overhead rate based on the planned volume of production. Determine whether sections B and C are favorable, unfavorable or neither.

Required:

a.Calculate the predetermined overhead rate.Predetermined overhead rate $ per unit

b.Determine the total fixed cost spending variance and indicate the effect of the variance by selecting "Favorable", "Unfavorable", or "None".Total fixed cost spending variance

c.Determine the total fixed cost volume variance and indicate the effect of the variance by selecting "Favorable", "Unfavorable", or "None".

Reference no: EM13574723

Questions Cloud

A profit margin of 870 percent and an accounts receivable : a company has net income of 218000 a profit margin of 8.70 percent and an accounts receivable balance of 132850.

Police records show that there has been an average of 2 : police records show that there has been an average of 2 accidents per week on a new freeway. calculate the

In each of the following cases calculate the nominal : in each of the following cases calculate the nominal exchange rate assuming purchasing power parity holds.a. a bottle

Compute the unit product cost for one unit of each model do : marine inc. manufactures a product that is available in both a flexible and a rigid model. the company has made the

In addition to other costs fenwick telephone company : in addition to other costs fenwick telephone company planned to incur 475200 of fixed manufacturing overhead in making

What was the amount of underapplied or overapplied overhead : broucek inc. makes baby furniture from fine hardwoods. the company uses a job-order costing system and predetermined

The projects life and assume a salvage value of 41000 if : you are evaluating two different silicon wafer milling machines. the techron i costs 243000 has a three-year life and

1 if the euro appreciates how will this affect your : 1. if the euro appreciates how will this affect your purchases of u.s. and german goods? explain.2. suppose that you

Prepare the necessary adjusting journal entries assume no : the following information is available for cec company for the year ended december 31 20131. a three year insurance

User Account

All Pages