Solved

Figure 11-4

Question 14

Multiple Choice

Figure 11-4. Kris Company calculates its predetermined rates using practical volume,which is 325,000 units.The standard cost system allows 3 direct labor hours per unit produced.Overhead is applied using direct labor hours.The total budgeted overhead is $4,260,000,of which $994,000 is fixed overhead.The actual results for the year are as follows:
Figure 11-4. Kris Company calculates its predetermined rates using practical volume,which is 325,000 units.The standard cost system allows 3 direct labor hours per unit produced.Overhead is applied using direct labor hours.The total budgeted overhead is $4,260,000,of which $994,000 is fixed overhead.The actual results for the year are as follows: Refer to Figure 11-4.Calculate the variable overhead spending variance. A) $69,250 U B) $69,250 F C) $24,000 U D) $40,000 F E) none of these Refer to Figure 11-4.Calculate the variable overhead spending variance.


A) $69,250 U
B) $69,250 F
C) $24,000 U
D) $40,000 F
E) none of these

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: In an activity framework, controlling costs is

Q11: Figure 11-8.<br>Booth Inc.uses three delivery trucks to

Q15: The following costs were developed for one

Q42: A difference between the actual amount and

Q44: If actual fixed overhead was $54,000 and

Q97: The _ measures the aggregate effect of

Q110: Although general responsibility for the volume variance

Q158: A budget prepared for a particular level

Q158: _ are capacity costs acquired in advance

Q216: The _ is the difference between budgeted