Question: If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: ? A) actual variable overhead

If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: ? A) actual variable overhead rate exceeded the standard rate. B) standard variable overhead rate exceeded the actual rate. C) actual direct labor-hours exceeded the standard direct labor-hours allowed for the actual output. D) standard direct labor-hours allowed for the actual output exceeded the actual hours

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!

4 Exercise 12-16 Algo Book A market researcher for an automobile company suspects differences in preferred color between male and female buyers. Advertisements targeted to different groups should...

16. If variable overhead is applied on the basis of direct labor-hours and the variable overbead rate variance is favorable, then: actual variable overhead rate exceeded the standard rate. tandard...

Answer the questions...no need detail explanation Question 1 then: If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable. Select one:...

If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: Select one: O a. standard variable overhead rate exceeded the actual...

If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: Multiple Choice: A: the actual direct labor-hours exceeded...

If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: the actual variable overhead rate exceeded the standard...

QUESTION 2(40p): Calcagno Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following variable overhead standards for product B47W:...

Freytag Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following variable overhead standards for product N06C: Standard direct...

If variable manufacturing overhead is applied on the basis of direct labor - hours and the variable overhead rate variance is favorable, then

7. If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: A) the actual variable overhead rate exceeded the...

The Stanley Cup is a best-of-seven series to determine the champion of the National Hockey League. The following data represent the number of games played, X, in the Stanley Cup before a champion was...

Discuss how expectations change understanding of macroeconomic policy efficiency? Use the IS-LM model.

Question content area top Part 1 A particular city had a population of 2 1 , 0 0 0 2 1 , 0 0 0 in 1 9 1 0 1 9 1 0 and a population of 2 4 , 0 0 0 2 4 , 0 0 0 in 1 9 3 0 1 9 3 0 . Assuming that its...

Ace Hardware is a retailer-owned cooperative, with 4,600 hardware, home center, and building materials stores. At the time of this case, Ace was a private company that was planning to go public. In...

Customer profitability, distribution. Figure Four is a distributor of pharmaceutical products. Its ABC system has five activities: Rick Flair, the controller of Figure Four, wants to use this ABC...

Customer profitability, Service Company. Instant Service (IS) repairs printers and photocopiers for five multisite companies in a tristate area. ISs costs consist of the cost of technicians and...

During April, the grinding department of Moriba Inc. completed and transferred out 105,000units. At the end of April, there were 37,500 in process, 60% complete. Moriba incurred manufacturing costs...

Comparative statements of shareholders' equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2018, 2019, and 2020. Required: 1. Infer from...

A pointer holds a memory address.

6. Develop a circular model, with positive and negative feedback loops, showing the relationships between the following critical variables:

Self-confidence

The number of people commenting on the statement