Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches
Are...
Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches
Aretha Company provided the following information:
Standard variable overhead rate (SVOR) per direct labor hour $4.70
Actual variable overhead costs $335,750
Actual direct labor hours worked (AH) 69,200
Actual production in units 14,000
Standard hours (SH) allowed for actual units produced 70,000
Required:
1. Using the columnar approach, calculate the variable overhead spending and efficiency variances. Enter amounts as positive numbers and select Favorable (F) or Unfavorable (U).
(1) (2) (3)
Spending
Efficiency
2. Using the formula approach, calculate the variable overhead spending variance. Enter amount as a positive number and select Favorable or Unfavorable.
$
3. Using the formula approach, calculate the variable overhead efficiency variance. Enter amount as a positive number and select Favorable or Unfavorable.
$
4. Calculate the total variable overhead variance. Enter amount as a positive number and select Favorable or Unfavorable.
$
Answers: 2
Business, 21.06.2019 16:30
Which is the correct expansion of the term internet? a. internetwork b. institutional network c. instructional network d. international network
Answers: 2
Business, 22.06.2019 00:00
Ok, so, theoretical question: if i bought the mona lisa legally, would anyone be able to stop me from eating it? why or why not?
Answers: 1
Business, 22.06.2019 04:30
Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jenniferβs home practically disappears. she will not need to pay insurance anymore.
Answers: 1
Business, 22.06.2019 20:00
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.βs 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
History, 02.07.2019 06:10
Biology, 02.07.2019 06:10
History, 02.07.2019 06:10
History, 02.07.2019 06:10
Mathematics, 02.07.2019 06:10
History, 02.07.2019 06:10
Mathematics, 02.07.2019 06:10
Social Studies, 02.07.2019 06:10
Mathematics, 02.07.2019 06:10