Solved

Pizzi, Inc

Question 64

Multiple Choice

Pizzi, Inc. had the following fixed manufacturing overhead variances last year: Pizzi, Inc. had the following fixed manufacturing overhead variances last year: Pizzi uses machine-hours as an activity base for overhead and used 48,000 machine-hours as the denominator activity level for the year. Total actual fixed manufacturing overhead was $150,000. The actual number of machine-hours incurred were 50,000. What were Pizzi's standard hours allowed for actual output? A) 40,000 B) 42,000 C) 50,400 D) 52,500 Pizzi uses machine-hours as an activity base for overhead and used 48,000 machine-hours as the denominator activity level for the year. Total actual fixed manufacturing overhead was $150,000. The actual number of machine-hours incurred were 50,000. What were Pizzi's standard hours allowed for actual output?


A) 40,000
B) 42,000
C) 50,400
D) 52,500

Correct Answer:

verifed

Verified

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

Related Questions

Q59: Semaan Corporation applies manufacturing overhead to products

Q60: Stenquist Corporation has provided the following data

Q62: The Adlake Corporation makes and sells a

Q63: Cajun Corporation manufactures a labor-intensive product. The

Q65: A manufacturer of playground equipment uses a

Q66: The Claus Corporation makes and sells a

Q67: A furniture manufacturer uses a standard costing

Q68: A manufacturer of playground equipment uses a

Q69: The Dillon Corporation makes and sells a

Q83: Alex Corporation has a large underapplied overhead