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Questions 8-10 rely on the following data. FrontGrade Systems allocates manufacturing over- head based on machine hours. Each connector should require 11 machine hours. According to the static budget, Front Grade expected to incur the following:1,100 machine hours per month (100 connectors x 11 machine hours per connector)$5,500 in variable manufacturing overhead costs$8,250 in fixed manufacturing overhead costsDuring August, Front Grade actually used 1,000 machine hours to make 110 connectors and spent $5,600 in variable manufacturing costs and $8,300 in fixed manufacturing over- head costs.8. Front Grade's predetermined standard variable manufacturing overhead rate is a. $5.00 per machine hour b. $5.50 per machine hour c. $7.50 per machine hour. d. $12.50 per machine hour9. Calculate the variable overhead spending variance for Front Grade.a. $450 F b. $600 U c. $1,050 F d. $1,650 F10. Calculate the variable overhead efficiency variance for Front Grade.a. $450 F b. $600 U c. $1,050 F d. $1,650 F
Dixon Corporation was established on January 1, Year 1. The firm has 2 divisions, Division A and Division B. Division A manufactures standard carpets, and Division B manufactures
Total costs include both variable costs and fixed costs. Variable costs are costs which can beeasily identified or related to a cost per unit or activity level of some kind for exa
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Absorption of Non Production Overheads in Production Cost Product costs may be compiled for a range of purposes including a) Stock valuation b) Product pricing c) Dec
a company has the budget for manufacturing overhead based on direct labor hours. budgeting at 10,000 direct labor hours are as follows. Variable costs= 160000 Fixed Costs
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#question techniques of payment under group bonus plan .
A co has a standard costing system. the following are avaiable for september: actual quantity of direct materials purchased and used: 20,000 pounds Standard price of direct mater
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