Question
In: Accounting
Cirilla's Weathervane Company manufactures weathervanes. The current year operating budget is based on the production of...
| Cirilla's Weathervane Company manufactures weathervanes. The current year operating budget is based on the production of 9,500 weathervanes with 1.20 machine-hour allowed per weathervane. Variable manufacturing overhead is anticipated to be $280,000. | ||||||||
| Actual production was 12,000 weathervanes using 12,500 machine-hours. Actual variable costs were $23.50 per machine-hour. | ||||||||
| Required: | ||||||||
| Calculate the variable overhead rate and the efficiency variances. | ||||||||
Solutions
ekkarill92 answered 3 years agoRelated Solutions
Comfort Company manufactures pillows. The 2020 operating budget is based on production of 1,000 pillows with...
Comfort Company manufactures pillows. The 2020 operating budget
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Quindo Table Company manufactures tables for schools. The 2015
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Quindo Table Company
Variance Analysis
Actual Results
Flexible Variances
Flexible Budget...
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If an amount is zero, enter "0".
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Roger reports $ net operating profit and...
Review the attached budget report that includes current actuals, current budget, the annualized results based on...
Review the attached budget report that includes current
actuals, current budget, the annualized results based on this
year’s YTD, and the prior year’s actuals to use for trending
purposes. Build next year’s budget based on the following
assumptions and explain why you set the budget category amounts
where you set them, use the checklist for building a budget in
chapter 15 for help:
The volumes, units of service (UOS), will increase by 5%, both
Inpatient days and Outpatient procedures
The...
The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data...
The budget director of Gourmet Grill Company requests estimates
of sales, production, and other operating data from the various
administrative units every month. Selected information concerning
sales and production for July is summarized as follows:
a. Estimated sales for July by sales territory:
Maine:
Backyard Chef
310 units at $700 per unit
Master Chef
150 units at $1,200 per unit
Vermont:
Backyard Chef
240 units at $750 per unit
Master Chef
110 units at $1,300 per unit
New Hampshire:
Backyard...
The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data...
The budget director of Gourmet Grill Company requests estimates
of sales, production, and other operating data from the various
administrative units every month. Selected information concerning
sales and production for July is summarized as follows:
a. Estimated sales for July by sales territory:
Maine:
Backyard Chef
310 units at $700 per unit
Master Chef
150 units at $1,200 per unit
Vermont:
Backyard Chef
240 units at $750 per unit
Master Chef
110 units at $1,300 per unit
New Hampshire:
Backyard...
The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data...
The budget director of Gourmet Grill Company requests estimates
of sales, production, and other operating data from the various
administrative units every month. Selected information concerning
sales and production for July is summarized as follows:
a. Estimated sales for July by sales territory:
Maine:
Backyard Chef
310 units at $700 per unit
Master Chef
150 units at $1,200 per unit
Vermont:
Backyard Chef
240 units at $750 per unit
Master Chef
110 units at $1,300 per unit
New Hampshire:
Backyard...
The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data...
The budget director of Gourmet Grill Company requests estimates
of sales, production, and other operating data from the various
administrative units every month. Selected information concerning
sales and production for July is summarized as follows:
a. Estimated sales for July by sales territory:
Maine:
Backyard Chef
310 units at $700 per unit
Master Chef
150 units at $1,200 per unit
Vermont:
Backyard Chef
240 units at $750 per unit
Master Chef
110 units at $1,300 per unit
New Hampshire:
Backyard...
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