Actual output units = 42,000, Static Budget output units = 36,000; Actual variable manufacturing OH = $400,000;

Fantastic news! We've Found the answer you've been seeking!

Question:

Actual output units = 42,000, Static Budget output units = 36,000; Actual variable manufacturing OH = $400,000; Static Budget variable manufacturing OH = $360,000. The Sales Volume Variance for VMOH is

$40,000 favorable
$40,000 unfavorable
$60,000 unfavorable
$70,000 favorable

Related Book For answer-question

Managerial Accounting

ISBN: 978-0176223311

1st Canadian Edition

Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp

See More Books

Posted Date: Feb 09, 2023 11:19 PM

See More Questions

When will the sales volume variance be unfavorable? When will the sales price variance be unfavorable? Is it possible to have an unfavorable sales volume variance and an unfavorable sales price...
How is the sales volume variance calculated? What does it measure? Who within the organization is typically held responsible for the sales volume variance?
The sales volume variance is the difference between the: static budget (based on planned volume) and actual revenue or cost. flexible budget (based on actual volume) and actual revenue or cost....
The _________ is a checklist that is best suited for property and tangible asset tracking. Perils analysis Industry list List of assets The activity list
What are the characteristics that make countries attractive as global sourcing destinations?
The partners in Crawford Company decide to liquidate the firm when the balance sheet shows the following. The partners share income and loss 5:3:2. During the process of liquidation, the following...
What lump-sum amount of interest will be paid on a $$10,000$ loan that was made on 1 June 2011 and repaid on 1 September 2015, with ordinary simple interest at 10% per year?
Sprint Nextel is one of the largest digital wireless service providers in the United States. In a recent year, it had approximately 32.5 million direct subscribers (accounts) that generated revenue...
On February 1, 2006, Mason Company purchased a building for $359,000. The building was assigned a useful life of forty years and a salvage value of $11,000. XYZ Company uses the straight-line...
You are the Owners project manager on an electrical upgrade project. Existing overhead power lines are being buried in a duct bank to hide them from view in an area of the town that is being...
Below are the possible percentage returns for stocks A and B for different future states, along with the probabilities of those states occurring. You hold a portfolio consisting of $50,000 invested...
In a power of sale foreclosure, a court supervises the process. (True/False)
Doing business as a sole proprietorship under the name Capital Venture, Dhani offered consulting services to assist new start-ups with business structures, decision making, and customer development....
Gas, water, and other utility services are considered personal property. (True/False)
Discuss the scope of a security interest.
Expansion Capital Group (ECG), a Delaware company, worked out of Sioux Falls, South Dakota. Matt Patterson invested $100,000 in ECG. ECG provides small business financing through business loans and...
Anne Jeng Inc.'s accounts show the following balances: Cost of goods sold Insurance expense Advertising expense Freight-out Loss on sale of equipment Rent expense (one-half pertains sales department)...
For the following exercises, write the first four terms of the sequence. a n = 2 n 2
Wild Rides manufactures snowboards. Mohammad Al-Zoubi, the CEO, is trying to decide whether to adopt a lean production model. He expects that adopting lean production would save $97,000 in...
Use the information from the Northern Cruiseline Data Set to compute the number of dinner cruise tickets it must sell to break even. a. Use the income statement equation approach. b. Using the...
Cliffs Fresh Stacks Pancake Restaurant features sourdough pancakes made from a strain of sourdough dating back to Confederation. To plan for the future, Cliff needs to figure out his cost behaviour...
Input information from the SBA Personal Financial Statements given to Sharptop Bank into a spreadsheet. a. Separate personal items (e.g., residence) from business items (e.g., inventory). b....
Compare your recalculated ending inventory to that given to Sharptop Bank and to Southern Appalachian Insurance. Is either estimated ending inventory materially different from that reported on the...
What accuracy certifications on the tax return and bank financial statement address providing materially inaccurate information?

Actual output units = 42,000, Static Budget output units = 36,000; Actual variable manufacturing OH = $400,000;

Question:

Expert Answer:

The detailed answer for the above question is provided below Detailed Answer Correct answer C 600... View the full answer

Managerial Accounting

Students also viewed these accounting questions