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(Appendix 10A) Weyers Incorporated makes a single product--a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Weyers Incorporated makes a single product--a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -The total amount of manufacturing overhead applied is closest to: A) $278,964 B) $289,296 C) $258,700 D) $268,256 -The total amount of manufacturing overhead applied is closest to:


A) $278,964
B) $289,296
C) $258,700
D) $268,256

E) C) and D)
F) A) and C)

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Dapice Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Dapice Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: The fixed overhead volume variance is: A) $5,121 U B) $5,121 F C) $21,121 F D) $21,121 U The fixed overhead volume variance is:


A) $5,121 U
B) $5,121 F
C) $21,121 F
D) $21,121 U

E) All of the above
F) A) and B)

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(Appendix 10A) The following data for May has been provided by Mccawley Corporation. (Appendix 10A) The following data for May has been provided by Mccawley Corporation. -The volume variance for May is: A) $2,070 U B) $4,140 U C) $4,140 F D) $2,070 F -The volume variance for May is:


A) $2,070 U
B) $4,140 U
C) $4,140 F
D) $2,070 F

E) C) and D)
F) A) and C)

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An unfavorable volume variance means that the company operated at an activity level greater than that planned for the period.

A) True
B) False

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(Appendix 10A) Wineman Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Wineman Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -The fixed overhead volume variance is: A) $12,234 U B) $28,234 F C) $28,234 U D) $12,234 F -The fixed overhead volume variance is:


A) $12,234 U
B) $28,234 F
C) $28,234 U
D) $12,234 F

E) B) and C)
F) A) and B)

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Trumbauer Incorporated makes a single product--an electrical motor used in many long-haul trucks.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Trumbauer Incorporated makes a single product--an electrical motor used in many long-haul trucks.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below: The fixed overhead volume variance is: A) $18,482 U B) $18,482 F C) $31,482 U D) $31,482 F The fixed overhead volume variance is:


A) $18,482 U
B) $18,482 F
C) $31,482 U
D) $31,482 F

E) None of the above
F) All of the above

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(Appendix 10A) Stopyra Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Stopyra Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -If the denominator level of activity is 7,500 machine-hours,the variable component in the predetermined overhead rate would be: A) $208.75 per machine-hour B) $192.28 per machine-hour C) $211.28 per machine-hour D) $19.00 per machine-hour -If the denominator level of activity is 7,500 machine-hours,the variable component in the predetermined overhead rate would be:


A) $208.75 per machine-hour
B) $192.28 per machine-hour
C) $211.28 per machine-hour
D) $19.00 per machine-hour

E) A) and B)
F) A) and D)

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Potestio Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Potestio Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below: The total of the overhead variances is: A) $34,955 U B) $45,030 F C) $34,955 F D) $45,030 U The total of the overhead variances is:


A) $34,955 U
B) $45,030 F
C) $34,955 F
D) $45,030 U

E) B) and C)
F) C) and D)

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Harris Corporation uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor-hours (DLHs) .The company has provided the following data: Harris Corporation uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor-hours (DLHs) .The company has provided the following data: The volume variance would be: A) $2,500 F B) $1,800 F C) $1,800 U D) $1,500 F The volume variance would be:


A) $2,500 F
B) $1,800 F
C) $1,800 U
D) $1,500 F

E) B) and C)
F) A) and C)

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Likes Incorporated makes a single product--a cooling coil used in commercial refrigerators.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Likes Incorporated makes a single product--a cooling coil used in commercial refrigerators.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below: The total amount of manufacturing overhead applied is closest to: A) $488,400 B) $424,320 C) $432,640 D) $498,000 The total amount of manufacturing overhead applied is closest to:


A) $488,400
B) $424,320
C) $432,640
D) $498,000

E) C) and D)
F) None of the above

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(Appendix 10A) Tantanka Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead. The following information relates to production for last year: (Appendix 10A) Tantanka Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead. The following information relates to production for last year: The standard machine-hours allowed for actual output during the year were 7,600. The actual machine-hours incurred were 7,500. -What was Tantanka's fixed manufacturing overhead volume variance? A) $5,700 Unfavorable B) $14,440 Unfavorable C) $28,500 Favorable D) $34,200 Unfavorable The standard machine-hours allowed for actual output during the year were 7,600. The actual machine-hours incurred were 7,500. -What was Tantanka's fixed manufacturing overhead volume variance?


A) $5,700 Unfavorable
B) $14,440 Unfavorable
C) $28,500 Favorable
D) $34,200 Unfavorable

E) B) and C)
F) A) and B)

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Ferro Enterprises uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor-hours.During the month of September,the company applied $52,000 in fixed manufacturing overhead cost to units of product.At the end of the month,manufacturing overhead was overapplied by $3,000.If there was no volume variance in September,then the budgeted fixed manufacturing overhead cost for the month was:


A) $49,000
B) $52,000
C) $55,000
D) $58,000

E) B) and C)
F) B) and D)

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(Appendix 10A) Chojnowski Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Chojnowski Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -The fixed component of the predetermined overhead rate is closest to: A) $13.04 per labor-hour B) $7.67 per labor-hour C) $15.65 per labor-hour D) $9.21 per labor-hour -The fixed component of the predetermined overhead rate is closest to:


A) $13.04 per labor-hour
B) $7.67 per labor-hour
C) $15.65 per labor-hour
D) $9.21 per labor-hour

E) All of the above
F) None of the above

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(Appendix 10A) Wineman Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Wineman Incorporated makes a single product--an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -The variable overhead efficiency variance is: A) $2,907 U B) $2,250 U C) $2,907 F D) $2,250 F -The variable overhead efficiency variance is:


A) $2,907 U
B) $2,250 U
C) $2,907 F
D) $2,250 F

E) A) and D)
F) B) and C)

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(Appendix 10A) Chojnowski Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Chojnowski Incorporated makes a single product--a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -The variable overhead efficiency variance is: A) $4,462 F B) $5,428 U C) $4,462 U D) $5,428 F -The variable overhead efficiency variance is:


A) $4,462 F
B) $5,428 U
C) $4,462 U
D) $5,428 F

E) All of the above
F) A) and B)

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Mclellan Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the month appear below: Mclellan Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the month appear below: The company based its original budget on 6,100 machine-hours.The company actually worked 6,480 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 6,370 machine-hours.What was the overall fixed manufacturing overhead budget variance for the month? A) $500 Favorable B) $500 Unfavorable C) $1,570 Favorable D) $1,570 Unfavorable The company based its original budget on 6,100 machine-hours.The company actually worked 6,480 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 6,370 machine-hours.What was the overall fixed manufacturing overhead budget variance for the month?


A) $500 Favorable
B) $500 Unfavorable
C) $1,570 Favorable
D) $1,570 Unfavorable

E) A) and C)
F) C) and D)

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Warrenfeltz Incorporated makes a single product--a cooling coil used in commercial refrigerators.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Warrenfeltz Incorporated makes a single product--a cooling coil used in commercial refrigerators.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Required: a.Compute the variable component of the company's predetermined overhead rate. b.Compute the fixed component of the company's predetermined overhead rate. c.Compute the company's predetermined overhead rate. d.Determine the variable overhead rate variance for the year. e.Determine the variable overhead efficiency variance for the year. f.Determine the fixed overhead budget variance for the year. g.Determine the fixed overhead volume variance for the year. Required: a.Compute the variable component of the company's predetermined overhead rate. b.Compute the fixed component of the company's predetermined overhead rate. c.Compute the company's predetermined overhead rate. d.Determine the variable overhead rate variance for the year. e.Determine the variable overhead efficiency variance for the year. f.Determine the fixed overhead budget variance for the year. g.Determine the fixed overhead volume variance for the year.

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a.Variable component of the predetermine...

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A company has a standard cost system in which fixed and variable manufacturing overhead costs are applied to products on the basis of direct labor-hours.A fixed manufacturing overhead volume variance will necessarily occur in a month in which actual direct labor-hours differ from standard hours allowed.

A) True
B) False

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Gallucci Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Gallucci Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: The predetermined overhead rate is closest to: A) $7.53 per labor-hour B) $7.85 per labor-hour C) $14.31 per labor-hour D) $14.92 per labor-hour The predetermined overhead rate is closest to:


A) $7.53 per labor-hour
B) $7.85 per labor-hour
C) $14.31 per labor-hour
D) $14.92 per labor-hour

E) A) and C)
F) B) and C)

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Moozi Dairy Products processes and sells two products: milk and butter.Last year,Moozi budgeted $1,200,000 of fixed manufacturing overhead and chose a denominator level of activity of 80,000 machine-hours.Each unit of milk at Moozi has a standard of 0.1 machine-hours and each unit of butter has a standard of 0.08 machine-hours.Last year,Moozi processed 560,000 units of milk and 340,000 units of butter.Moozi's total fixed manufacturing overhead incurred last year was $1,256,000.Actual machine-hours incurred for the year were 82,000.Moozi applies manufacturing overhead to its products on the basis of standard machine-hours. Required: Compute Moozi's fixed manufacturing overhead variances for last year.

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Budget variance = Actual fixed overhead ...

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