Business, 14.11.2019 18:31 smithlanija65

Zepol company is planning to produce 600,000 power drills for the coming year. the company uses direct labor hours to assign overhead to products. each drill requires 0.75 standard hour of labor for completion. the total budgeted overhead was $1,777,500. the total fixed overhead budgeted for the coming year is $832,500. predetermined overhead rates are calculated using expected production, measured in direct labor hours. actual results for the year are:

actual production (units) 594,000 actual variable overhead $928,000
actual direct labor hours (ah) 446,000 actual fixed overhead $835,600
required:

1. compute the applied fixed overhead. round intermediate calculations to two decimal places.
$824,175

2. compute the fixed overhead spending and volume variances.

spending variance $3,100 $ unfavorable
volume variance $ $ unfavorable
3. compute the variable overhead rate. round your answer to the nearest cent.
$ per dlh

4. compute the variable overhead spending and efficiency variances.

spending variances $ favorable
efficiency variances $ unfavorable

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:50

Baker industries’s net income is $24,000, its interest expense is $5,000, and its tax rate is 40%. its notes payable equals $27,000, long-term debt equals $75,000, and common equity equals $250,000. the firm finances with only debt and common equity, so it has no preferred stock. what are the firm’s roe and roic?

Answers: 2

Answer

Business, 21.06.2019 23:30

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

Answers: 3

Answer

Business, 22.06.2019 06:00

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Answers: 1

Answer

Business, 22.06.2019 12:00

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Answers: 1

Answer

You know the right answer?

Zepol company is planning to produce 600,000 power drills for the coming year. the company uses dire...

Questions