Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 53,500 43,500 Variable overhead Fixed overhead Total overhead $ 97,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Reguired A Required B Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Actual total overhead $ 99,700 Budgeted (flexible) overhead at units produced Controllable variance Unfavorable

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 16E: Thomas Textiles Corporation began November with a budget for 60,000 hours of production in the...
icon
Related questions
Topic Video
Question

I need the amount for the Budgeted (flexible) overhead at units produced


*posted this before and the previous expert who answered this question got it wrong, please help.

Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted
activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies
overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH.
$ 53,500
43,500
$ 97,000
Variable overhead
Fixed overhead
Total overhead
a. Compute controllable variance.
b. Compute volume variance.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
Controllable Variance
Actual total overhead
$
99,700
Budgeted (flexible) overhead at units produced
Controllable variance
Unfavorable
Transcribed Image Text:Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 53,500 43,500 $ 97,000 Variable overhead Fixed overhead Total overhead a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Actual total overhead $ 99,700 Budgeted (flexible) overhead at units produced Controllable variance Unfavorable
Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted
activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies
overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH.
Variable overhead
$ 53,500
Fixed overhead
43,500
Total overhead
$ 97,000
a. Compute controllable variance.
b. Compute volume variance.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
Volume Variance
Budgeted (flexible) overhead at units produced
Standard overhead applied
87,300
Volume variance
Unfavorable
Transcribed Image Text:Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead $ 53,500 Fixed overhead 43,500 Total overhead $ 97,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Budgeted (flexible) overhead at units produced Standard overhead applied 87,300 Volume variance Unfavorable
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Performance measurements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning