Assume that the best cost driver that Sony has for variable factory overhead in the assembly...
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Assume that the best cost driver that Sony has for variable factory overhead in the assembly department is machine hours. During April, the company budgeted 480,000 machine hours and $4,000,000 for its Texas plant's assembly department. The actual variable overhead incurred was $4,180,000, which was related to 500,000 machine hours. Do not round until your final answers. Round your answers to the nearest dollar. (a) Determine the variable overhead spending variance. $ 160,000 x U ✔ (b) Determine the variable overhead efficiency variance. $ 166,667 U÷ ✔ Assume that the best cost driver that Sony has for variable factory overhead in the assembly department is machine hours. During April, the company budgeted 480,000 machine hours and $4,000,000 for its Texas plant's assembly department. The actual variable overhead incurred was $4,180,000, which was related to 500,000 machine hours. Do not round until your final answers. Round your answers to the nearest dollar. (a) Determine the variable overhead spending variance. $ 160,000 x U ✔ (b) Determine the variable overhead efficiency variance. $ 166,667 U÷ ✔
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Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
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