The Murray Company makes and sells a single product. The company recorded the following activity and...
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The Murray Company makes and sells a single product. The company recorded the following activity and cost data for May: Number of units completed Standard direct labor-hours allowed per unit of product Budgeted direct labor-hours (denominator activity) Actual fixed overhead costs incurred 45,000 units 1.5 DLHS 72,000 DLHS $66,000 $4,275 U Volume variance The fixed portion of the predetermined overhead rate is S0.95 per direct labor-hour. MSQ-04 Page 12 . The amount of fixed overhead contained in the company's overhead flexible budget for May was: A. S64,125. C. S68,400. D. S70,275. B. $67,500. . The amount of fixced manufacturing overhead cost applied to work in process during May was: A. $61,725. B. $62,700. C. S42,750. D. S64,125. - The fixed overhead budget variance for May was: B. $2.400 F. A. S2,400 U. C. $6,000 U. D. S6,000 F. The Murray Company makes and sells a single product. The company recorded the following activity and cost data for May: Number of units completed Standard direct labor-hours allowed per unit of product Budgeted direct labor-hours (denominator activity) Actual fixed overhead costs incurred 45,000 units 1.5 DLHS 72,000 DLHS $66,000 $4,275 U Volume variance The fixed portion of the predetermined overhead rate is S0.95 per direct labor-hour. MSQ-04 Page 12 . The amount of fixed overhead contained in the company's overhead flexible budget for May was: A. S64,125. C. S68,400. D. S70,275. B. $67,500. . The amount of fixced manufacturing overhead cost applied to work in process during May was: A. $61,725. B. $62,700. C. S42,750. D. S64,125. - The fixed overhead budget variance for May was: B. $2.400 F. A. S2,400 U. C. $6,000 U. D. S6,000 F.
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37 C 68400 095 per DLH 72000 DLH 38 D 64125 Fixed manufacturing overhead cost applied to wor... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip Old
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