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Variable Overhead Cost Quiz

SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were 132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What were the standard machine-hours allow

SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were $132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What is the variable overhead flexible-bu

SJH has the following information with respect to variable manufacturing overhead for the month of April. The budget calls for 11,000 units to be produced using a total of 4,400 machine-hours. The variable overhead costs for the period are budgeted to be $132,000. During April, the actual output was 10,000 units. The total variable overhead costs were $132,250, and 4,600 machine-hours were actually used. SJH uses machine-hours to drive variable overhead. What is the variable overhead efficiency

CFH, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 36,000 units of product HJS. During the year, the firm actually produced 35,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. What is the rate per machine-hour for fixed overhead allocation?

CFG, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 36,000 units of HJS. During the year, the firm actually produced 35,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. What is the budgeted fixed overhead cost per output unit?

CFH. Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 36,000 units of product HJS. During the year, the firm actually produced 35,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. What is the fixed overhead flexible-budget variance for the current yea

CFH, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 24,000 units of product HJS. During the year, the firm actually produced 23,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. The amount of fixed overhead that was applied to work in process during

CFH, Inc., which uses a standard costing system, has the following information for the current year. The budgeted fixed costs are $240,000. The budgeted activity level of machine-hours, the allocation base, is 48,000. The firm budgets at a level of 24,000 units of product HJS. During the year, the firm actually produced 23,800 units of HJS. CFH used 48,200 machine-hours during the period and incurred costs totaling $239,500. The production-volume variance for the current period would be

SJH, which uses a standard costing system, has the following information with respect to manufacturing overhead. The budget calls for 10,000 units to be produced using a total of 40,000 machine-hours. The variable overhead costs for the period are budgeted to be $120,000. During the year, the actual output was 11,000 units. The total variable overhead costs were $132,250, and 46,000 machine-hours were actually used. The budgeted fixed costs are $240,000. The budgeted activity level of machine-ho

SJH, which uses a standard costing system, has the following information with respect to manufacturing overhead. The budget calls for 10,000 units to be produced using a total of 40,000 machine-hours. The variable overhead costs for the period are budgeted to be $120,000. During the year, the actual output was 11,000 units. The total variable overhead costs, were $132,250 and the 46,000 machine hours were actually used, The budgeted fixed costs are $240,000. Machine-hours is the allocation base.