Are the answers correct?
Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production e basis of the number of machine hours. The following data pertain to one month's operations: Standard machine hours allowed for actual production: Actual machine hours for the month: 3,550 MH 4,000 MH 80,000 Actual variable manufacturing overhead costs incurred: Variable overhead spending variance: 5,450 Unfavorable 9 What is variable overhead rate variance? A. $9,450.00 unfavorable B. $ Act Hours Actual Hours Stratt 9,450.00 favorable st Rate Aclual Rate 4,000.00 unfavorable 3,550 K 21 4/000 mh X 21 D $ 4,000.00 favorable E. Not determinable 741550 84/000 20,000 (9,450U 4000 F Viata vauianee 5,450 U Apndime Vauiane 10 Edelweiss Company uses a standard costing system and applies its fixed manufacturing overhead (FMOH) costs to products based on the number of labor hours. Some data for last year are given below. The FMOH was over- applied by $2,000. $ 48,000 5,000 units S 4,000 favorable Actual FMOH costs Actual production Volume variance Determine the budgeted production level in units for the past year. units 5,000 A. Frxdl owloodd Achal Budeyatel units 4.800 B. units 4,792 C. D. E. Need more information units 4,600 DHXFPOHR 5,000# $48,000 5000 46,000 10/unlt50,000 S10/unit 4000 F Budoyded Vaiane Voum Vinanu FPoet x DH -SH) &A EA S
Q: Brief Exercise 21A-6 Metlock Company leased equipment from Costner Company, beginning on December 31...
A: Prepare jounal entry to record lease liability:
Q: Cash collections from customers$710 Purchase of used equipment 155 Depreciation expense 155 Sale ...
A: Cash flow from Invetsing activity means the cash inflow or outflow made by an organisation in purcha...
Q: Suppose your company sells services of $270 in exchange for $155 cash and $115 on account. Required...
A: Operating activities: Operating activities include cash inflows and outflows from business operation...
Q: The following expenditures relating to plant assets were made by Glenn Company during the first 2 mo...
A: Expenditures: The useful life of the plant assets signifies the time period, that the company estima...
Q: Who are covered by the anti-bribery provisions? Who are covered by the accounting provisions?
A: The Foreign Corrupt Practices Act of 1977 (FCPA) is a United States federal law known primarily for...
Q: The partnership of Avery and Kirk was formed on July 1, when George Avery and Dinah Kirk agreed to i...
A: Partnership: Partnership refers to the business run by two or more individuals based on some agreed ...
Q: Cost classifications For each of the following costs, check the column(s) that most likely applies (...
A: Fixed cost: A fixed cost is a cost incurred by a company that remains fixed irrespective of the volu...
Q: Gallatin Carpet Cleaning is a small, family-owned business operating out of Bozeman, Montana. For it...
A: Activity-based costing (ABC): The costing method which allocates overheads to the products based on ...
Q: Brief Exercise 14-9On January 1, 2017, Flounder Corporation redeemed $410,000 of bonds at 97. At the...
A: Calculate the amount of cash paid to redeem the bond.