The variable overhead efficiency variance for the period

Assignment Help Financial Accounting

Reference no: EM131206563

Derf Corporation uses a standard cost system in which it applies manufacturing overhead on the basis of standard direct labor-hours. Two direct labor-hours are required for each unit produced. The denominator activity was set at 12,600 units. Manufacturing overhead was budgeted at $252,000 for the period; 20 percent of this cost was fixed. The 24,400 hours worked during the period resulted in production of 11,500 units. Variable manufacturing overhead cost incurred was $200,400 and fixed manufacturing overhead cost was $50,500.

The variable overhead efficiency variance for the period was:

$100 Unfavorable

$5,200 Unfavorable

$11,200 Unfavorable

$4,400 Unfavorable

Reference no: EM131206563

Questions Cloud

Emotional intelligence and leadership styles : From the first e-Activity, suggest one (1) key strategy that managers may use in order to combat workplace stress productively in today's work environment.

Describe financial need for the upcoming academic year : Describe your financial need for the upcoming academic year.- Identify the types of funding you plan to receive, including personal/family contributions, as well as any special circumstances.

Determine whether the procedure falls within the rn scope : Discuss the process you would apply to determine whether the procedure falls within the RN scope of practice and how you would go about introducing the new procedure with physicians and fellow nurses

Discuss important historical developments in economic theory : What was the promise of capitalism? Discuss the important milestones and historical developments in economic theory and specify the contributions of each of the profits.

The variable overhead efficiency variance for the period : Derf Corporation uses a standard cost system in which it applies manufacturing overhead on the basis of standard direct labor-hours. Two direct labor-hours are required for each unit produced. The denominator activity was set at 12,600 units. The var..

Personal gantt chart for studies : Design a personal Gantt Chart for your studies at HPU. You can just hand sketch it on paper...there's no requirement for Excel or Power Points. Your critical thinking skills will be evaluated. This chart can be for one semester, for one entire ..

How have bank responded to increased global interdependence : Changes in the traditional banking system leave us with two broad questions-How has the traditional banking system changed? and How have banks responded to increased global interdependence?

Ceo copy southwest culture : 1. List the reasons why Southwest's and Value Line's cultures differ so sharply. 2. Could Value Line's next CEO copy Southwest's culture?

Write some good topics that focus on communication behavior : Write some good topics that focus on communication behavior.- The topic proposal is the first phase of your research project.

User Account

All Pages