Hashimoto Company showed the following information for the year: Required: 1. Calculate the standard direct labor hours
Question:
Hashimoto Company showed the following information for the year:
Required:
1. Calculate the standard direct labor hours for actual production.
2. Calculate the applied variable overhead.
3. Calculate the total variable overhead variance.
Transcribed Image Text:
Standard variable overhead rate (SVOR) per direct labor hour Standard hours (SH) allowed per unit Actual production in units Actual variable overhead costs Actual direct labor hours $4.00 4 20,000 $328,000 81,500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
1 SH for actual production Actual units SH per unit 20000 4 80000 ...View the full answer
Answered By
Saleem Abbas
Have worked in academic writing for an a years as my part-time job.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting The Cornerstone Of Business Decision Making
ISBN: 9780357715345
8th Edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Question Posted:
Students also viewed these Business questions
-
Rath Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour........$3.75 Standard hours (SH) allowed per...
-
Mulliner Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour................$3.50 Standard hours (SH) allowed per...
-
Mulliner Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour $3.50 Standard hours (SH) allowed per unit 3 Actual production in units...
-
Using the DJIA data in Problem 5-39, use exponential smooth with trend adjustment to forecast the opening DJIA value for 2014. Use α = 0.8 and β = 0.2. Compare the MSE for...
-
A traffic light and the cars waiting at the traffic light on one side of the street form a queuing system. If there are two lines on this side of the street, wliat queuing model best describes this...
-
An orifice having a diameter of $1 \mathrm{in}$. is used to measure the flow rate of SAE 10 lube oil $(\mathrm{SG}=0.928)$ in a $2 \mathrm{in}$. sch 40 pipe at $70^{\circ} \mathrm{F}$. The pressure...
-
Vibration spectra can have many frequency peaks. What is key to simplifying the analysis of the number of peaks of interest?
-
The following report appeared in the New York Times on August 7, 1989 (Dollars Strength a Surprise, p. D1): But now the sentiment is that the economy is heading for a soft landing, with the economy...
-
You can purchase a new duplex for $2,000,000. The bank has quoted her an 75% LTV. The loan would be amortized for 30 years, the annual interest rate is 5.5%. The annual NOI is $175,000. Determine the...
-
Finn Fixes is a new charity that repairs donated cars for use by unemployed job seekers. Finn collects the cars from area junkyards. The first year Finn is in operation, jobs programs bought cars...
-
Movil Company manufactures a plastic toy cell phone. The following standards have been established for the toys materials and labor inputs: During the first week of July, the company had the...
-
Jugo Company produces apple juice sold in gallons. Recently, the company adopted the following material standard for 1 gallon of its apple juice: Direct materials 128 oz. @ $0.04 = $5.12 During the...
-
Write the general forms of the equations of the lines through the point (a) Parallel to the given line (b) Perpendicular to the given line Point (-7, -2) Line x = 1
-
How long do you think you could survive in your current home if a mandatory shelter- in-place order was issued and there was no running water? What supplies would you need to survive for 72 hours? A...
-
Monopolistic competition differs from perfect competition only with respect to ________. a) the number of fi rms in the industry b) product differentiation c) barriers to entry d) economies of scale...
-
A firm with explicit costs of $2 million , no implicit costs, and total revenue of $3 million would have . a) zero economic profit b) zero accounting profit c) an accounting profit and an economic...
-
The economy is in a recession. A congresswoman suggests increasing spending to stimulate aggregate demand and raising taxes simultaneously to pay for the increased spending. Her suggestion to combine...
-
Using definitions and actual values in your answers, identify the period of time in which Japan experienced: a) inflation b) disinflation c) deflation. Time % change in consumer prices 2 w Jan-08...
-
Revise your solution to the double-well problem 8.60 so as to treat even and odd functions separately. Do this by introducing a parameter whose value is 1 or 0, depending on whether we are treating...
-
Refer to the information from Exercise 22-19. Use the information to determine the (1) Weighted average contribution margin , (2) Break-even point in units, and (3) Number of units of each product...
-
At the beginning of the year, Glaser Company estimated the following: Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In...
-
At the beginning of the year, Glaser Company estimated the following: Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In...
-
Jagjit Company designs and builds retaining walls for individual customers. On August 1, there were two jobs in process: Job 93 with a beginning balance of $8,750, and Job 94 with a beginning balance...
-
Give the worst-case Big O running time of this code and explain in detail how you arrived at this answer, assuming an ArrayList is passed. public static void f1( List 1st) { int i=0; while (i
-
Create a java program that will accept an integer and character. If the user input 'A', compute and display the sum of 10 integers else display "Invalid Character". run: Enter a letter: a Enter a...
-
Give the worst-case Big O running time of this code and explain in detail how you arrived at this answer. for(int j = 0; j < numItems; j++) { int i = numItems; while (i > 0) = i i 3; // integer...
Study smarter with the SolutionInn App