Question: Question 2 What is the Standard Amount ( SA ) for Variable Overhead ( and Fixed Overhead, incidentally ) ? Group of answer choices 1
Question
What is the Standard Amount SA for Variable Overhead and Fixed Overhead, incidentally
Group of answer choices
customer customer
unit unit, where customers are the 'units'
cust. cust.
I get it it's customer customer
Question
What is the Standard Price SP of Variable Overhead?
Question
What is the Standard Price SP of Fixed Overhead?
Question
What is the total cost of sales using full absorption Normal costing?
Note: Cost of Sales is effectively the COGS for a service company. So this is just asking for total Normal cost ie normal cost from module
Question
What is the total cost of sales using full absorption Actualcosting
Question
What is the difference between the Total Normal Variable Overhead and the Total Actual Variable Overheadcalculate Actual Normal
Note: This is asking for the difference in JUST Variable Overhead, NOT the difference in total cost. Also the two questions above DO ask about total cost, just to be as clear as possible.
Question
Suppose that BardsRUs is curious about their cost driver for Variable Overhead. What would be the Standard Price SP for Variable Overhead if they instead allocated Variable Overhead on the basis of Direct Labor Hours?
Question
What would be the Standard Amount SA for Variable Overhead if again, BardsRUs allocated Variable Overhead on the basis of Direct Labor Hours?
Question
Again, if BardsRUs allocated Variable Overhead on the basis of Direct Labor Hours, what would be the difference between the Total Normal Variable Overhead and the Total Actual Variable Overheadcalculate Actual Normal
Note: Again, just the difference in Variable Overhead, not total costs.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
