Multiple Choice
Buckingham Company
Buckingham Company uses a standard cost system for its production process and applies overhead based on direct labor hours.The following information is available for May when Buckingham produced 4,500 units:
Standard: | |
DLH per unit | 2.50 |
Variable overhead per DLH | $1.75 |
Fixed overhead per DLH | $3.10 |
Budgeted variable overhead | $21,875 |
Budgeted fixed overhead | $38,750 |
Actual: | |
Direct labor hours | 10,000 |
Variable overhead | $26,250 |
Fixed overhead | $38,000 |
Refer to Buckingham Company.Using the two-variance approach,what is the noncontrollable variance?
A) $3,125 F
B) $3,875 U
C) $3,875 F
D) $6,062 U
Correct Answer:

Verified
Correct Answer:
Verified
Q75: When multiple materials are used,the difference between
Q76: The difference between the actual wages paid
Q77: Industrial Solutions Company<br>Industrial Solutions Company manufactures a
Q78: A primary purpose of using a standard
Q79: A standard cost system may be used
Q81: Berkshire Company<br>The following information is available for
Q82: The effect of substituting a non-standard mix
Q83: Lincoln Company<br>Lincoln Company applies overhead based
Q84: The formula for usage variance is (AQ
Q85: The difference between actual variable overhead and