The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $18,200 Total fixed cost, $7,900 3 hours per unit at $0.74 per hour 3 hours per unit at $1.98 per hour The variable factory overhead controllable variance is O a. $3,350 unfavorable Ob. So O c. $3,350 favorable O d. $2,680 favorable

The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.78 per hour Variable overhead 3 hours per unit @ $1.91 per hour Actual Costs Total variable cost, $17,800 Total fixed cost, $8,100 The variable factory overhead controllable variance is a.$1,756 favorable b.$1,756 unfavorable c.$1,405 favorable d.$0

Data on Gantry Company's direct labor costs are given below: Standard direct labor-hours Actual direct labor-hours Direct labor efficiency variance-favorable Direct labor rate variance-favorable Total direct labor payroll What was Gantry's actual direct labor rate? 35,000 34,000 $ 4,100 $ 6,800 $ 132,600 Multiple Choice $4.10 $3.70 $3.90 $6.80

The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: Standard Costs 3 hours per unit at $0.71 per hour 3 hours per unit at $1.90 per hour Fixed overhead (based on 10,000 hours) Variable overhead Actual Costs Total variable cost, $17,800 Total fixed cost, $7,900 The fixed factory overhead volume variance is Oa. So Ob. $1,420 unfavorable Oc. $1,775 unfavorable Od. $1,420 favorable

The following information relating to a company's overhead costs is available. Budgeted fixed overhead rate per machine hour Actual variable overhead Budgeted variable overhead rate per machine hour Actual fixed overhead Budgeted hours allowed for actual output achieved Based on this information, the total overhead variance is: Multiple Choice O O $69,000 favorable. $112,000 favorable. $43,000 unfavorable. $112,000 unfavorable. $43,000 favorable. $ 1.50 $ 99,000 $ 4.00 $ 20,000 42,000

AGL Inc. provided the following data related to the direct labor costs for the current period: Data Related to Direct Labor Costs Data Rate Hours Standard $17.50             12,000 Actual  $15.50             14,000 Determine the direct labor cost variance. Group of answer choices -$7,000 favorable -$28,000 favorable $7,000 unfavorable $28,000 unfavorable

Using a traditional cost system and applies overhead to production based on machine hours.  Estimated overhead cost             $150,000 Actual overhead cost                   $140,000 Estimated machine hours            20,000 hrs  Actual machine hours                   25,000 Determine the overhead variance for the period? Is it $10,000 overlapped?

Need help with fixed factory overhead volume variance amount and total factory overhead cost variance, please!     Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.’s factory overhead cost for the production of 60,000 units of product are as follows: Actual: Variable factory overhead $261,300   Fixed factory overhead 188,400 Standard: 91,000 hrs. at $5 ($2.90 for variable factory overhead) 455,000   Productive capacity at 100% of normal was 90,000 hours, and the factory overhead cost budgeted at the level of 91,000 standard hours was $452,300. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance:       Actual variable factory overhead cost incurred $261,300      Budgeted variable factory overhead for 91,000 hours (263,900)      Variance—favorable     $(2,600) Fixed factory overhead volume variance:     Normal productive capacity at 100% 90,000  hrs.…

The following data relate to factory overhead cost for the production of 4,000 computers: Actual: Variable factory overhead $139,700   Fixed factory overhead 36,000 Standard: 4,000 hrs. at $42 168,000 If productive capacity of 100% was 6,000 hours and the total factory overhead cost budgeted at the level of 4,000 standard hours was $180,000, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $6 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variance Amount Favorable/Unfavorable Controllable variance $   Volume variance $   Total factory overhead cost variance $

XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; SH x SR = $85,000. Compute the direct labor cost variance. Multiple choice question.   $1,000 U   $1,000 F   $2,000 F   $2,000 U