← Smith Manufacturing designs and manufactures bathtubs for home and commercial applications. The company recorded the following data for its commercial bathtub production line during the month of March: Standard DL hours per tub Standard variable overhead rate per DL hour Standard variable overhead cost per unit Actual variable overhead costs Actual DL hours Actual variable overhead cost per DL hour Actual tubs produced What is the variahle manufacturing overhead rata variance in March? OA. $3,600 favorable O B. $10,500 favorable OC. $10,500 unfavorable O D. $3,600 unfavorable 5 $7.50 $37.50 $30,600 3,600 $8.50 1,000 10

← Smith Manufacturing designs and manufactures bathtubs for home and commercial applications. The company recorded the following data for its commercial bathtub production line during the month of March: Standard DL hours per tub Standard variable overhead rate per DL hour Standard variable overhead cost per unit Actual variable overhead costs Actual DL hours Actual variable overhead cost per DL hour Actual tubs produced What is the variahle manufacturing overhead rata variance in March? OA. $3,600 favorable O B. $10,500 favorable OC. $10,500 unfavorable O D. $3,600 unfavorable 5 $7.50 $37.50 $30,600 3,600 $8.50 1,000 10

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Description: What is tha manufacturing overhead rate variance in march...?? ←Smith Manufacturing designs and manufactures bathtubs for home and commercial applications. The company recordedthe following data for its commercial bathtub production line during the m

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 10E: SmokeCity, Inc., manufactures barbeque smokers. Based on past experience, SmokeCity has found that...

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Barkoff Enterprises, which uses the high-low method to analye cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year Machine Hours 800 720 Month Utilities 8,700 8360 8,950 9,360 January February March S10 April May 920 9,625 950 June 9,150 900 The fixed utilities cost per month for Barkoff is: A) $4,400. 8) S5,100. O54,760. D) $3,764. E) None of the answers is correct.
The controller of Ivanhoe Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs. Month January February March April May June (a1) Total Maintenance Costs $3,041 3,456 4,147 5,184 3,686 5,633 Total Machine Hours 4,032 Variable cost per machine hour $ 4,608 6,912 9,101 5,760 9,216 Determine the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places e.g. 2.25.)
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Company XYZ uses labor hours to allocate its manufacturing overhead. The direct labor cost rate is $8 per direct labor hour. The company estimates that the number of labor hours to be used next month is 600,000 labor hours. The estimated variable overhead is estimated to be 75% of the direct labor cost rate. The estimated fixed overhead costs are $50,000. Calculate .the predetermined overhead rate 2.08 .a 6.08 .b O .c O 4.08 .d O None of the given answers .e
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Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January s8700 800 February 8360 720 March 8950 810 April 9360 920 May 9625 950 June 9150 900 1.The variable utilities cost per machine hour is: a) $0.18. b) an amount other than those listed above. C) $4.50. d) $5.00. e) $5.50. 2. The fixed utilities cost per month is: a) an amount other than those listed above. b) $4,760. c) $3,764. d) $5,100. e) $4,400.
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