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Leshem Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Leshem Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The variable overhead rate variance is: A) $9,184 U B) $8,528 F C) $9,184 F D) $8,528 U The variable overhead rate variance is:


A) $9,184 U
B) $8,528 F
C) $9,184 F
D) $8,528 U

E) C) and D)
F) None of the above

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Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 6,900 machine-hours. The budgeted fixed manufacturing overhead costs are $240,810. In April, the actual fixed manufacturing overhead costs were $245,640 and the standard machine-hours allowed for the actual output were 7,200 machine-hours. Required: a. Compute the budget variance for April. Show your work! b. Compute the volume variance for April. Show your work!

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a. Budget variance = Actual fixed manufa...

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Stallbaumer Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Stallbaumer Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Required: Determine whether overhead was underapplied or overapplied for the year and by how much. Required: Determine whether overhead was underapplied or overapplied for the year and by how much.

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Predetermined overhe...

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Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total amount of manufacturing overhead applied is closest to: A) $157,050 B) $195,512 C) $197,300 D) $155,654 The total amount of manufacturing overhead applied is closest to:


A) $157,050
B) $195,512
C) $197,300
D) $155,654

E) B) and C)
F) C) and D)

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Weyers Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Weyers Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total amount of manufacturing overhead applied is closest to: A) $278,964 B) $289,296 C) $258,700 D) $268,256 The total amount of manufacturing overhead applied is closest to:


A) $278,964
B) $289,296
C) $258,700
D) $268,256

E) A) and B)
F) A) and C)

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Rainbolt Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Rainbolt Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The fixed overhead budget variance is: A) $20,000 U B) $400 U C) $20,000 F D) $400 F The fixed overhead budget variance is:


A) $20,000 U
B) $400 U
C) $20,000 F
D) $400 F

E) C) and D)
F) A) and D)

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Vaden Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Vaden Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total amount of manufacturing overhead applied is closest to: A) $484,972 B) $490,504 C) $499,720 D) $505,400 The total amount of manufacturing overhead applied is closest to:


A) $484,972
B) $490,504
C) $499,720
D) $505,400

E) A) and B)
F) C) and D)

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Gremminger Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Gremminger Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The variable overhead rate variance is: A) $19,404 F B) $17,952 F C) $19,404 U D) $17,952 U The variable overhead rate variance is:


A) $19,404 F
B) $17,952 F
C) $19,404 U
D) $17,952 U

E) A) and C)
F) C) and D)

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Edlow Incorporated makes a single product--a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Edlow Incorporated makes a single product--a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Required: a. Determine the variable overhead rate variance for the year. b. Determine the variable overhead efficiency variance for the year. c. Determine the fixed overhead budget variance for the year. d. Determine the fixed overhead volume variance for the year. Required: a. Determine the variable overhead rate variance for the year. b. Determine the variable overhead efficiency variance for the year. c. Determine the fixed overhead budget variance for the year. d. Determine the fixed overhead volume variance for the year.

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a. Variable component of the predetermin...

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Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The fixed component of the predetermined overhead rate is closest to: A) $8.25 per machine-hour B) $12.38 per machine-hour C) $5.69 per machine-hour D) $8.54 per machine-hour The fixed component of the predetermined overhead rate is closest to:


A) $8.25 per machine-hour
B) $12.38 per machine-hour
C) $5.69 per machine-hour
D) $8.54 per machine-hour

E) A) and B)
F) B) and D)

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Rainbolt Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Rainbolt Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The fixed overhead volume variance is: A) $400 F B) $19,600 F C) $400 U D) $19,600 U The fixed overhead volume variance is:


A) $400 F
B) $19,600 F
C) $400 U
D) $19,600 U

E) A) and B)
F) A) and C)

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Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Kisler Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total manufacturing overhead is underapplied or overapplied by how much? A) $32,123 Underapplied B) $27,454 Overapplied C) $27,454 Underapplied D) $32,123 Overapplied The total manufacturing overhead is underapplied or overapplied by how much?


A) $32,123 Underapplied
B) $27,454 Overapplied
C) $27,454 Underapplied
D) $32,123 Overapplied

E) B) and C)
F) All of the above

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Stopyra Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Stopyra Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The variable overhead efficiency variance is: A) $1,645 F B) $2,121 U C) $2,121 F D) $1,645 U The variable overhead efficiency variance is:


A) $1,645 F
B) $2,121 U
C) $2,121 F
D) $1,645 U

E) None of the above
F) B) and D)

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Furtado Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Furtado Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total amount of manufacturing overhead applied is closest to: A) $201,600 B) $212,048 C) $190,874 D) $223,930 The total amount of manufacturing overhead applied is closest to:


A) $201,600
B) $212,048
C) $190,874
D) $223,930

E) B) and D)
F) None of the above

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Hykes Corporation's manufacturing overhead includes $4.40 per machine-hour for supplies; $4.40 per machine-hour for indirect labor; $55,800 per period for salaries; and $58,590 per period for depreciation. Required: Determine the predetermined overhead rate if the denominator level of activity is 3,100 machine-hours. Show your work!

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Estimated total manufacturing overhead c...

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A manufacturer of industrial equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: A manufacturer of industrial equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: The overhead applied to products during the period was closest to: A) $151,993 B) $154,410 C) $157,200 D) $153,270 The following data pertain to operations for the most recent period: A manufacturer of industrial equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: The overhead applied to products during the period was closest to: A) $151,993 B) $154,410 C) $157,200 D) $153,270 The overhead applied to products during the period was closest to:


A) $151,993
B) $154,410
C) $157,200
D) $153,270

E) All of the above
F) B) and C)

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Chojnowski Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Chojnowski Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The fixed component of the predetermined overhead rate is closest to: A) $13.04 per labor-hour B) $7.67 per labor-hour C) $15.65 per labor-hour D) $9.21 per labor-hour The fixed component of the predetermined overhead rate is closest to:


A) $13.04 per labor-hour
B) $7.67 per labor-hour
C) $15.65 per labor-hour
D) $9.21 per labor-hour

E) A) and D)
F) All of the above

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Plantier Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. The budgeted fixed manufacturing overhead for the year was $136,950 and the budgeted hours were 27,500 machine-hours. Data concerning the actual results for the most recent year appear below: Plantier Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. The budgeted fixed manufacturing overhead for the year was $136,950 and the budgeted hours were 27,500 machine-hours. Data concerning the actual results for the most recent year appear below: Required: a. Determine the fixed overhead budget variance for the year. b. Determine the fixed overhead volume variance for the year. Required: a. Determine the fixed overhead budget variance for the year. b. Determine the fixed overhead volume variance for the year.

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a. Budget variance = Actual fixed overhe...

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Merone Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company bases its predetermined overhead rate on 2,300 machine-hours. The company's total budgeted fixed manufacturing overhead is $5,060. In the most recent month, the total actual fixed manufacturing overhead was $4,660. The company actually worked 2,200 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 2,320 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month?


A) $220 Unfavorable
B) $400 Favorable
C) $44 Favorable
D) $220 Favorable

E) A) and B)
F) A) and C)

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Keeran Corporation estimates that its variable manufacturing overhead is $5.20 per machine-hour and its fixed manufacturing overhead is $242,048 per period. If the denominator level of activity is 6,200 machine-hours, the predetermined overhead rate would be:


A) $520.00 per machine-hour
B) $5.20 per machine-hour
C) $44.24 per machine-hour
D) $39.04 per machine-hour

E) B) and C)
F) C) and D)

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