Acme Company's production budget for August is 17,700 units and includes the following component $6.00; direct labor, $10.20; variable overhead, $6.20. Budgeted fixed overhead is $34,000. Actual pro units. Actual unit component costs incurred during August include direct materials, $8.40; direct labor, Actual fixed overhead was $35,700.

Avery Company uses a predetermined overhead rate based on direct labor hours. For the month of October, Avery’s budgeted overhead was P300,000 based on a budgeted volume of 100,000 direct labor hours. Actual overhead amounted to P325,000 with actual direct labor hours totaling 110,000.   Compute for the following:   __________17. Predetermined overhead rate __________18. Factory overhead charged to Work in Process account __________19. Under / (Over) applied factory overhead __________20 - 22. Assume the following amounts of applied FOH in each account.                              Allocate the under / over applied to these three accounts:   Cost of Goods sold                               P200,000 Ending Finished Goods inventory               100,000 Ending Work in Process inventory                30,000   The following information relates to Wal-Mart Corporation for the past accounting period   Cost          Direct Center        Cost                              Proportion of…

Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3 DLH per unit. For March, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $103,425. Overhead Budget Production in units. Budgeted variable overhead Budgeted fixed overhead 1. Compute the standard overhead rate. Hint. Standard allocation base at 80% capacity is 30,000 DLH, computed as 10,000 units x 3.00 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Required 1 Required 2 Complete this question by entering your answers in the tabs below. 80% Operating Levels 10,000 $ 42,000 $ 57,000 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 30,000 DLH, computed as 10,000…

Pinnacle Corp. budgeted $226,430 of overhead cost for the current year. Actual overhead costs for the year were $213,870. Pinnacle's plantwide allocation base, machine hours, was budgeted at 51,960 hours. Actual machine hours were 53,550. A total of 102,150 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: Oa. $4.12 per machine hour Ob. $4.36 per machine hour Oc. $2.22 per machine hour Od. $2.09 per machine hour