The standard costs and actual costs for factory overhead for the manufacture of 2,900units of actual production are as follows: Standard Costs Line Item Description Value Fixed overhead (based on 10,000 hours) 3 hours per unit at $0.71 per hour Variable overhead 3 hours per unit at $1.96 per hour Actual CostsTotal variable cost, $18,100Total fixed cost, $8,200 The fixed factory overhead volume variance is a. $738 favorable b. $0 c. $738 unfavorable d. $923 unfavorable

The following variable production costs apply to goods made by Fanning Manufacturing Corporation: Item Materials Labor Variable overhead Total Required Determine the total variable production cost, assuming that Fanning makes 10,000, 20,000, or 30,000 units. Units Produced Cost per Unit $10.00 2.50 0.75 $13.25 Total variable cost 10,000 20,000 30,000

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 standard direct labor cost per unit for a company was $21 (= $14 per hour × 1.5 hours per unit). During the period, actual direct labor costs amounted to $136,500, 9,600 labor-hours were worked, and 5,600 units were produced.   Required: Compute the direct labor price and efficiency variances for the period.

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The following variable production costs apply to goods made by Walton Manufacturing Corporation: Cost per unit $10.00 Item Materials Labor 8.50 Variable overhead 1.20 Total $19.70 Required Determine the total variable production cost, assuming that Walton makes 9,000, 19,000, or 29,000 units. Units Produced 9,000 19,000 29,000 Total variable cost

A company uses a standard costing system with direct labor hours (DLHS) as the allocation base for fixed manufacturing overhead (FMOH) and a standard of 3 DLHS per unit. For the most recent period, the company reported the following data: FPOHR Actual DLHS Actual FMOH FMOH Budget Variance FMOH Volume Variance $2.5 per DLH 10,500 hours $36,000 $3.000 Unfavorable $1.500 Favorable Q. What was the actual number of units produced for the period? ANS. units

The following information pertains to the company's manufacturing overhead data. (ASAP) Budgeted output units 30,000 fixtures Budgeted machine - hours 10,000 hours Budgeted variable manufacturing overhead costs for 30,000 fixtures $80,625 Actual output units produced 44,000 fixtures Actual machine -hours used 10,000 hours Actual variable manufacturing overhead costs $121,000 (1) What is a variable manufacturing overhead rate variance?

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