Guadalupe Manufacturing Company uses a standard cost system with direct labor-hours as the activity base for overhead.Last year,Guadalupe applied a total of $936,000 of fixed manufacturing overhead cost to the products it produced.The following data relate to production for the year: $\begin{array}{llcc} \text { Denominator activity level in direct labor-hours............... } &80,000 \\ \text { Standard direct labor-hours allowed for actual output...... } &75,000\\ \text { Actual number of direct labor-hours incurred................... } &78,000\\ \end{array}$ What was Guadalupe's fixed manufacturing overhead volume variance?

A) $23,400 favorable B) $62,400 unfavorable C) $37,440 unfavorable D) $58,500 favorable A) $23,400 favorable B) $62,400 unfavorable C) $37,440 unfavorable D) $58,500 favorable

The Ferris Company applies manufacturing overhead costs to products on the basis of standard direct labor-hours.The standard cost card shows that 3 direct labor-hours are required per unit of product.For August,the company budgeted to work 90,000 direct labor-hours and to incur the following total manufacturing overhead costs: $\begin{array}{llcc} \text { Total variable manufacturing overhead costs......} &\$99,000\\ \text {Total fixed manufacturing overhead costs ........... } &\$118,800\\ \end{array}$ During August,the company completed 28,000 units of product,worked 86,000 direct labor-hours,and incurred the following total manufacturing overhead costs: $\begin{array}{llcc} \text { Total variable manufacturing overhead costs......} &\$98,900\\ \text {Total fixed manufacturing overhead costs ........... } &\$115,300\\ \end{array}$ The denominator activity in the predetermined overhead rate is 90,000 direct labor-hours. -For August,the fixed manufacturing overhead budget variance is:

A) $3,500 F B) $3,500 U C) $3,200 F D) $3,200 U A) $3,500 F B) $3,500 U C) $3,200 F D) $3,200 U

A manufacturer of industrial equipment uses a standard costing system in which standard machine-hours (MHs)is the measure of activity.Data from the company's flexible budget for manufacturing overhead are given below: $\begin{array}{llcc} \text {Denominator level of activity................................... } &5,100&\text { MHs }\\ \text {Overhead costs at the denominator activity level: } &\\ \text {Variable overhead cost............................................. } &\$12,495\\ \text { Fixed overhead cost ................................................} &\$62,220\\ \end{array}$ The following data pertain to operations for the most recent period: $\begin{array}{lrc} \text { Actual hours ................................................ } &5,300& \text { MHs } \\ \text { Standard hours allowed for the actual output............... } &5,160 &\text { MHs }\\ \text { Actual total variable manufacturing overhead cost....... }&\$ 12,985 \\ \text { Actual total fixed manufacturing overhead cost } & \$60,270 \end{array}$ -How much overhead was applied to products during the period to the nearest dollar?

A) $77,645 B) $73,255 C) $74,715 D) $75,594 A) $77,645 B) $73,255 C) $74,715 D) $75,594

Michetti Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the month appear below: $\begin{array}{c} \begin{array}{lll} \text { Variable overhead costs: }\\ \text {Supplies}\\ \text {Indirect labor}\\ \text {Fixed overhead costs:}\\ \text {Supervision}\\ \text {Utilities.}\\ \text {Factory depreciation.}\\ \text {Total overhead cost.} \end{array} \begin{array}{lll} \text { Original Budget }&\text {Actual Costs }\\ \\ \$ 9,030 & \$ 8,520 \\ 24,510 & 23,510 \\ \\ 13,000 & 13,420 \\ 5,100 & 5,520 \\ \underline{7,700} &\underline{ 7,710} \\ \underline{ \$ 59,340} &\underline{ \$ 58,680 } \end{array} \end{array}$ The company based its original budget on 4,300 machine-hours.The company actually worked 4,140 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 4,200 machine-hours.What was the overall fixed manufacturing overhead budget variance for the month?

A) $660 favorable B) $660 unfavorable C) $850 unfavorable D) $850 favorable A) $660 favorable B) $660 unfavorable C) $850 unfavorable D) $850 favorable

The Ferris Company applies manufacturing overhead costs to products on the basis of standard direct labor-hours.The standard cost card shows that 3 direct labor-hours are required per unit of product.For August,the company budgeted to work 90,000 direct labor-hours and to incur the following total manufacturing overhead costs: $\begin{array}{llcc} \text { Total variable manufacturing overhead costs......} &\$99,000\\ \text {Total fixed manufacturing overhead costs ........... } &\$118,800\\ \end{array}$ During August,the company completed 28,000 units of product,worked 86,000 direct labor-hours,and incurred the following total manufacturing overhead costs: $\begin{array}{llcc} \text { Total variable manufacturing overhead costs......} &\$98,900\\ \text {Total fixed manufacturing overhead costs ........... } &\$115,300\\ \end{array}$ The denominator activity in the predetermined overhead rate is 90,000 direct labor-hours. -For August,the fixed manufacturing overhead volume variance is:

A) $4,300 U B) $7,920 U C) $4,980 F D) $4,980 U A) $4,300 U B) $7,920 U C) $4,980 F D) $4,980 U

Kuhlman Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the most recent month appear below: $\begin{array}{lcc} &\text { Original Budget }&\text { Actual Costs }\\ \text { Variable overhead costs: }\\ \text { Supplies.......................... } & \$ 4,480 & \$ 4,310 \\ \text { Indirect labor.................. } & 3,360 & 3,630\\ \text { Fixed overhead costs:} &\\ \text { Supervision..................... } &2,800&2,8100\\ \text { Utilities...........................} &7,840&7,820\\ \text { Factory depreciation....... } &\underline{14,280}&\underline{14,260}\\ \text { Total overhead cost......... } &\underline{\$32,760}&\underline{\$32,830} \end{array}$ The company based its original budget on 2,800 machine-hours.The company actually worked 2,730 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 2,860 machine-hours.What was the overall fixed manufacturing overhead volume variance for the month?

A) $623 unfavorable B) $534 unfavorable C) $623 favorable D) $534 favorable A) $623 unfavorable B) $534 unfavorable C) $623 favorable D) $534 favorable