What is the denominator level of activity

Assignment Help Other Subject
Reference no: EM13264236

Flick Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard direct labor-hours. The company's total budgeted variable and fixed manufacturing overhead costs at the denominator level of activity are $20,000 for variable overhead and $30,000 for fixed overhead. The predetermined overhead rate, including both fixed and variable components, is $2.50 per direct labor-hour. The standards call for two direct labor-hours per unit of output produced. Last year, the company produced 11,500 units of product and worked 22,000 direct labor-hours. Actual costs were $22,500 for variable overhead and $31,000 for fixed overhead.

Required:

a. What is the denominator level of activity?

b. What were the standard hours allowed for the output last year?

c. What was the variable overhead spending variance?

d. What was the variable overhead efficiency variance?

e. What was the fixed overhead budget variance?

f. What was the fixed overhead volume variance?

Reference no: EM13264236

Questions Cloud

Dramatic consumer incentive program : Ford executives announced that the company would extend its most dramatic consumer incentive program in the company's long history-- the Ford Drive America Program
Identity management for reducing risk throughout enterprise : How important is enterprise identity management for reducing risk throughout the enterprise? Explain why a viable risk management strategy must include, at a minimum, a solid enterprise identity management process.
Supervisor participate in informal communication : When do you think formal communication is a necessity? What might a supervisor do to ensure that appropriate communications models are being followed?
Calculate the reluctance of the torus : A torus from annealed iron has an inner radius of 2.0 cm and an outer radius of 2.4 cm. Assume the permeability of annealed iron is 2*10^-4 WB/At-m.
What is the denominator level of activity : What is the denominator level of activity? What were the standard hours allowed for the output last year? What was the variable overhead spending variance? What was the variable overhead efficiency variance?
Department of homeland security : Should FEMA remain under the Department of Homeland Security, or return to cabinet-level status with direct access to the President? Why?
Analogous law for magnetic circuits : Ohm's law for an electrical circuit is expressed as I=V/R. What is the analogous law for magnetic circuits?
Determine what the tangible and intangible benefits : Determine what the tangible and intangible benefits are for (a) a computer, (b) a tube of toothpaste, and (c) a beauty salon. Find a product at home that has a distinctive package. Write a paragraph evaluating that package based on the four functions..
Capacitive reactance of the parallel capacitors : Compare the capacitive reactance of the series capacitors with the capacitive reactance of the parallel capacitors.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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