Bellingham Company produced 6,600 units of product that required 8.5 standard direct labor hours per unit....

Bellingham Company produced 6,600 units of product that required 8.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $6.10 per direct labor hour. The actual variable factory overhead was $332,290. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
$

Solutions

Expert Solution

Answer:

Variable Factory Overhead Controllable variance
              = Standard overhead cost (-) Actual Overhead cost
              =    ( 6,600 units x 8.5 DLH x $ 6.10 per DLH ) (-) $ 332,290
              =    $ 342,210 (-) $ 332,290
              =    ($ 9,920 ) Favourable.

Variable Factory Overhead Controllable variance = ($ 9,920 ) Favourable.

ekkarill92 answered 2 years ago

Next > < Previous

Related Solutions

1. Direct Labor Variances Bellingham Company produces a product that requires 4 standard hours per unit...

1. Direct Labor Variances Bellingham Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $22.00 per hour. If 5,000 units required 20,800 hours at an hourly rate of $20.90 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor...

Tucker Company produced 7,000 units of product that required 3.2 standard hours per unit. The standard...

Tucker Company produced 7,000 units of product that required 3.2 standard hours per unit. The standard variable overhead cost per unit is $6.40 per hour. The actual variable factory overhead was $140,490. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number.

Units Produced 131000 Standard direct labor hours per unit .20 Standard variable OH rate per dierect...

Units Produced 131000 Standard direct labor hours per unit .20 Standard variable OH rate per dierect labor hour 3.4 actual variable overhead costs 8670 Actaul hours worked 26350 1. Calculate the total variable overhead variance 2. What if the actual production was 129600 units? How would that affect the total variable overhead variance? the total variable overhead variance 2. What if actual production has been

Use the following information for questions # of units produced 6,600 Variable Costs per Unit: Direct...

Use the following information for questions # of units produced 6,600 Variable Costs per Unit: Direct Materials $46 Direct Labor $16 Variable Manufacturing Overhead $8 Variable Selling & Admin. Expense $4 Fixed Costs per year: Fixed Manufacturing Overhead $234,300 Fixed Selling & Admin $161,700 The Absorption Costing Unit Product Cost is: Group of answer choices $100.20 $105.50 $74 $70 The Variable Costing Unit Product Cost is: Group of answer choices $70 $74 $105.50 $100.20 If 6,000 units are sold during...

Direct Materials Variances Bellingham Company produces a product that requires eight standard pounds per unit. The...

Direct Materials Variances Bellingham Company produces a product that requires eight standard pounds per unit. The standard price is $11.5 per pound. If 5,500 units used 42,200 pounds, which were purchased at $11.96 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Favorable OR Unfavorable b....

Direct Materials Variances Bellingham Company produces a product that requires 10 standard pounds per unit. The...

Direct Materials Variances Bellingham Company produces a product that requires 10 standard pounds per unit. The standard price is $6 per pound. If 3,300 units used 32,000 pounds, which were purchased at $6.18 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Favorable or unfavorable b....

Direct Materials Variances Bellingham Company produces a product that requires eight standard pounds per unit. The...

Direct Materials Variances Bellingham Company produces a product that requires eight standard pounds per unit. The standard price is $6.5 per pound. If 5,800 units used 48,300 pounds, which were purchased at $6.37 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ b. Direct materials quantity...

Direct Materials Variances Bellingham Company produces a product that requires 9 standard pounds per unit. The...

Direct Materials Variances Bellingham Company produces a product that requires 9 standard pounds per unit. The standard price is $8 per pound. If 3,600 units required 31,400 pounds, which were purchased at $8.32 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Favorable...

Direct Materials Variances Bellingham Company produces a product that requires 15 standard pounds per unit. The...

Direct Materials Variances Bellingham Company produces a product that requires 15 standard pounds per unit. The standard price is $6 per pound. If 4,400 units used 64,700 pounds, which were purchased at $6.12 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Unfavorable b. Direct materials...

The standards for product G78V specify 6.1 direct labor-hours per unit at $14.10 per direct labor-hour....

The standards for product G78V specify 6.1 direct labor-hours per unit at $14.10 per direct labor-hour. Last month 1,800 units of product G78V were produced using 11,030 direct labor-hours at a total direct labor wage cost of $146,220. Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero...

Subjects