Darling Company,which applies overhead to production on the basis of machine hours,reported the following data for the period just ended:
Actual units produced: 12,000
Actual fixed overhead incurred: $730,000
Actual machine hours worked: 60,000
Budgeted fixed overhead: $720,000
Planned level of machine-hour activity: 50,000
If Darling estimates four hours to manufacture a completed unit,the company's standard fixed overhead rate per machine hour would be:
A) $12.00.
B) $14.40.
C) $14.60.
D) $15.00.
E) some other amount.
Correct Answer:
Verified
Q44: Abbott's variable-overhead spending variance is:
A)$20,000 favorable.
B)$20,000 unfavorable.
C)$27,000
Q45: Benson's fixed-overhead volume variance is:
A)$10,000 favorable.
B)$15,000 favorable.
C)$15,000
Q46: Robert Company,which applies overhead to production on
Q47: Benson's fixed-overhead budget variance is:
A)$10,000 favorable.
B)$15,000 favorable.
C)$15,000
Q48: Abbott's variable-overhead efficiency variance is:
A)$20,000 favorable.
B)$20,000 unfavorable.
C)$27,000
Q50: Atlanta Enterprises incurred $828,000 of fixed overhead
Q51: A fixed-overhead volume variance would normally arise
Q52: Rich's fixed-overhead budget variance is:
A)$9,900U.
B)$9,900F.
C)$28,800U.
D)$28,800F.
E)some other amount.
Q53: Rich's variable-overhead efficiency variance is:
A)$10,200U.
B)$10,200F.
C)$15,300U.
D)$15,300F.
E)some other amount.
Q54: Which variance is commonly associated with measuring
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