Question: Some overhead data for Pine Company are given in BE. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per

Some overhead data for Pine Company are given in BE. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Compute the overhead controllable variance.
In BE, In October, Pine Company reports 21,000 actual direct labor hours, and it incurs $118,000 of manufacturing overhead costs. Standard hours allowed for the work done is 20,600 hours. The predetermined overhead rate is $6 per direct labor hour. Compute the total overhead variance.

Step by Step Solution

★★★★★

3.41 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The formula is Actual Ove... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

426-B-M-A-D-B-S (600).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Some overhead data for Keane Company are given in BE25-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Some overhead data for McEnroe Company are given in BE25-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Problem 23-7A Your answer is partially correct. Try again. Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-3 pound plastic at...

Some overhead data for Derby Company are given in BE22-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Some overhead data for Roby Company are given in BE11-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Using the data in BE11-6 and BE11-10, compute the overhead volume variance. Normal capacity was 25,000 direct labor hours. Data from BE11-6 In October, Roby Company reports 21,000 actual direct labor...

Some overhead data for Roby Company are given in BE25-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Some overhead data for Harry Company are given in BE11-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Some overhead data for Derby Company are given in BE22-6 . In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Some overhead data for Roby Company are given in BE23-6. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed....

Major League Baseball tests players to see whether they are using performance-enhancing drugs. Officials select a team at random, and a drug-testing crew shows up unannounced to test all 40 players...

What is the difference between a voluntary response sample and a simple random sample? Which is generally better for the use of statistical methods?

Takedown risk in a loan commitment exposes the FI to 1 ) immediate liquidity risk. 2 ) basis risk. 3 ) spread risk. 4 ) externality effects. 5 ) future liquidity risk.

4. How does intergroup conflict affect behavior within a work group? behavior between two or more groups?

Stiller Company uses a standard cost accounting system. Some of the ledger accounts have been destroyed in a fi re. The controller asks your help in reconstructing some missing entries and balances....

Data for Nona Inc. are given in E11-7. Instructions Journalize the entries to record the materials and labor variances.

Usinh excel solver functiin to answer this question. 4. In the following assume that the CAPM holds and Coca-Cola and Netflix constitute the whole market. a. Calculate three Market Portfolios using...

Screenshots 2 and 5 include two respectively, as the graphs did not fit in one screenshot. In total, there are 10 screenshots that need solving. I DO NOT NEED ANY EXPLANATIONS! ONLY ANSWERS. As so,...

160 people are asked how many siblings they have? # of Siblings Frequency Relative Frequency Cumulative Frequency 0 27 0. 1688 25 0. 1563 52 2 38 0.2375 90 Proctor 0.2938 137 4 23 160 a. Complete the...