Question: There are many solutions for this question but I got confused,, please I want the correct answer. Problem 2. XX company allocates fixed manufacturing overhead

There are many solutions for this question but I got confused,,

There are many solutions for this question but I got confused,, please I want the correct answer.

Problem 2. XX company allocates fixed manufacturing overhead using budgeted direct labor hours per unit. You are given the following information. Actual fixed manufacturing overhead = $1,000,000 Flexible budged variance of fixed manufacturing overhead = ? Fixed manufacturing overhead flexible budget = $1,400,000. Fixed manufacturing overhead allocated = ? Fixed manufacturing overhead production volume variance = $100,000 favorable Fixed manufacturing overhead budgeted direct labor hours allowed for actual output units =15,000 direct labor hours Required: The Fixed manufacturing overhead budgeted rate is .......... per direct labor hour

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!

Determine the resultant internal normal and shear force in the member at (a) section aa and (b) section bb, each of which passes through the centroid A. The 500-lb load is applied along the...

QUESTION 7 Problem 2. XX company allocates fixed manufacturing overhoed using budgeted direct labor hours per unit. You are given the following information: Actual fixed manufacturing overhead...

QUESTION 7 Problem 2. XX company allocates fixed manufacturing overhoed using budgeted direct inber hours per win. You Actual fixed manufacturing overhoed=$1,000,000 Flexible budgod variance of fixed...

Hi Vjvgoe, Are you able to help me with this problem please? I would need to see it 7/16/17 since it's due that same week but I will put the deadline on 7/29/17. I have attached all of the...

Please help me with the following questions. you are required to submit supporting calculations on all questions that require calculations. Some questions do not require calculations. If a question...

Please answer the attached file. Thanks in advance. Pedro Company provides the following information about its product: Targeted operating income $50,000 Selling price per unit 6.00 Variable cost per...

QUESTION 7 Problem 2. XX company allocates fixed manufacturing overhoed using budged to You Actual fixed manufacturing overhead = $1,000,000 Flexible budood variance of fixed manufacturing ovetead?...

Question 1 1 pts Managerial accounting: Managerial accounting: has its primary emphasis on the future. is required by regulatory bodies such as the SEC. focuses on the organization as a whole, rather...

Need Help With These Managerial Accounting Questions. Thank You. Exercise 22-8 (Part Level Submission) Second Chance Welding rebuilds spot welders for manufacturers. The following budgeted cost data...

1. (Points: 1) With respect to a corporation, select the statement that is correct. a. Its organization requires an approved charter which is governed by state law. b. Ownership rights to the...

Please help me answer the following study questions for Managerial Accouting! 1. Freight costs incurred in shipping products to customers is properly referred to as a product rather than period cost...

Ajack, using the marginal costing income statement, reports the following for sales of 100,000 units: Sales ....... $750,000 Variable costs ..... $400,000 Contribution margin . $350,000 Fixed costs...

The accounting records of Rhyme Timber Ltd provide income statement data for 2016: $940000 (750 000) Total revenue Total expenses Profit before income tax $190000 Total expenses include depreciation...

Ace Bonding Company purchased inventory on account. The inventory costs $ 3 , 3 0 0 and is expected to sell for $ 5 , 6 0 0 . How should Ace record the purchase?

The table shows the predicted growth of particular bacteria after various numbers of hours. Write an explicit formula for the sequence of the number of bacteria. Hours(n) 1 2 3 4 Number of 19 38 57...

18. Which arithmetic sequence has a common difference of 4? A. (0,4n, 8n, 12n, ...} B. (n, 4n, 16n, 64n, .} C. (n + 1, n+ 5, n+9, n+ 13, ...} D. (n + 4, n+ 16, n+ 64, n+ 256, .}

Find the amount that must be invested at an effective rate of interest of 4% in order to accumulate 2000 at the end of three years.

The Gerber County Paintball League has just completed its 10th season. Help the league secretary finalize this year's standings by matching each team to its color, and final ranking. i. The "Night...

Eleven months after borrowing money, Dorah pays an interest of P2,800. How much did she borrow if the simple interest rate was 11-% ? A P290.89. B. P291.86 C. P26,951.87 D. P26,862.12

What is the primary objective of the 'Decomposition' method in Al project scoping? Identifying the final solution Breaking down a complex problem into manageable parts Visualizing the data collected...

Outline an effective orientation process that Jimmys Jungle Gym should use. Consider what should be done prior to, on, and after the first day of employment. Jason was excited about his first day of...

If implemented, how should Priya measure the return on investment of online training? After 15 years of managing one of the leading sales departments, Priya Bandali was excited about her promotion to...

What does Jean Blacklock mean by praise in public, coach in private? Are there any drawbacks to this approach?