Question: Draco, Inc. has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards

Draco, Inc. has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow. Variable overhead incurred: $167,750 Fixed overhead incurred: $210,000 Machine hours worked: 19,800 Actual units produced: 5,100 Draco's fixed-overhead budget variance is:

$6,000 unfavorable.

$7,000 unfavorable.

$10,000 unfavorable.

$12,000 unfavorable.

None of the other answers are correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Draco, Inc. has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards were based on a planned activity of 20,000 machine...

Duncanville, Inc., has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards were based on a planned activity of 20,000...

Match Point, Inc. has the following overhead standards: Variable overhead: 4 hours at $10 per hour Fixed overhead: 4 hours at $12 per hour The standards were based on a planned activity of 24,000...

Match Point, Inc. has the following overhead standards: Variable overhead: 4 hours at $7 per hour Fixed overhead: 4 hours at $9 per hour The standards were based on a planned activity of 37,000...

Match Point, Incorporated has the following overhead standards: Variable overhead: 5 hours at $ 8 per hour Fixed overhead: 5 hours at $ 1 0 per hour The standards were based on a planned activity of...

1. The standard was based on the planned activity of 9,000 machine hours (3,000 units) ABC has the following overhead standard: Variable overhead: 3 hours at $6 per hour Fixed overhead: 3 hours at $4...

Use the following information to answer questions below. Latina, Inc. has the following overhead standards: Variable overhead: 3 hours at \$ \\$ 6 \$ per hour Fixed overhead: 3 hours at \\( \\$ 8...

Latina, Inc. has the following overhead standards: Variable overhead: 3 hours at $6 per hour Fixed overhead: 3 hours at $8 per hour The standards were based on a planned activity of 15,000 machine...

Match Point, Inc. has the following overhead standards: Variable overhead: 5 hours at $6 per hour Fixed overhead: 5 hours at $8 per hour The standards were based on a planned activity of 22,000...

The distribution of beach condominium prices in Santa Theresa ($ thousands) is T(500, 700, 2,100). (a) Find the mean. (b) Find the standard deviation. (c) Find the probability that a condo price will...

1) Simply, what is intelligent design (hereafter ID)? 2) What is the Scopes Monkey Trial? 3) Is the separation of church and state in American Democracy/ politics important for the healthy...

Comp. Problem 2 Part 2 : Required: At the end of December, TJ ' s Specialty Shop showed the following ledger balances after adjusting entries have been made. 5 . Prepare a year - end spreadsheet, an...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

5. The next time you read somethinga magazine article, a political blog, a work of nonfiction, a chapter in a textbooktake time to think about the research presented in it. What kinds of research did...

2. Think back to a memorable speech youve witnessed, either in person or through the media. What kind of speech was it? Was the speaker trying to inform, persuade, or celebrate? Was he or she...

3. Tune in to a few news punditsfor example, Bill OReilly, Rachel Maddow, Randi Rhodes, or Rush Limbaughon the radio, on television, or online. Listen carefully to what they say, and consider how...