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(Appendix 10A) Fleming 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: (Appendix 10A) Fleming 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 budget variance is: A) $18,000 U B) $18,000 F C) $45,495 U D) $45,495 F -The fixed overhead budget variance is:


A) $18,000 U
B) $18,000 F
C) $45,495 U
D) $45,495 F

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

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(Appendix 10A) Fredin 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 labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: (Appendix 10A) Fredin 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 labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: -The variable component of the predetermined overhead rate is closest to: A) $2.68 per labor-hour B) $3.02 per labor-hour C) $2.93 per labor-hour D) $2.41 per labor-hour -The variable component of the predetermined overhead rate is closest to:


A) $2.68 per labor-hour
B) $3.02 per labor-hour
C) $2.93 per labor-hour
D) $2.41 per labor-hour

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

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Dellarocco 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: Dellarocco 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 overhead budget variance is: A) $37,328 U B) $37,328 F C) $17,000 F D) $17,000 U The fixed overhead budget variance is:


A) $37,328 U
B) $37,328 F
C) $17,000 F
D) $17,000 U

E) All of the above
F) C) and D)

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Benoit Corporation's manufacturing overhead includes $13.20 per machine-hour for variable manufacturing overhead and $555,408 per period for fixed manufacturing overhead. Required: Determine the predetermined overhead rate for the denominator level of activity of 5,700 machine-hours.

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Predetermined overhead rate = Estimated ...

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The volume variance is nonzero whenever:


A) standard hours allowed for the output of a period differ from the denominator level of activity.
B) actual hours differ from the denominator level of activity.
C) standard hours allowed for the output of a period differ from the actual hours during the period.
D) actual fixed manufacturing overhead costs incurred during a period differ from budgeted fixed manufacturing overhead costs as contained in the flexible budget.

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

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Songster Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the most recent month appear below: Songster Corporation applies manufacturing overhead to products on the basis of standard machine-hours.Budgeted and actual overhead costs for the most recent month appear below: The company based its original budget on 3,500 machine-hours.The company actually worked 3,700 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 3,820 machine-hours.What was the overall fixed manufacturing overhead budget variance for the month? A) $2,432 Favorable B) $2,432 Unfavorable C) $420 Favorable D) $420 Unfavorable The company based its original budget on 3,500 machine-hours.The company actually worked 3,700 machine-hours during the month.The standard hours allowed for the actual output of the month totaled 3,820 machine-hours.What was the overall fixed manufacturing overhead budget variance for the month?


A) $2,432 Favorable
B) $2,432 Unfavorable
C) $420 Favorable
D) $420 Unfavorable

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

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(Appendix 10A) A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: (Appendix 10A) A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -The fixed manufacturing overhead applied to products during the period is closest to: A) $58,870 B) $61,083 C) $61,915 D) $58,320 The following data pertain to operations for the most recent period: (Appendix 10A) A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -The fixed manufacturing overhead applied to products during the period is closest to: A) $58,870 B) $61,083 C) $61,915 D) $58,320 -The fixed manufacturing overhead applied to products during the period is closest to:


A) $58,870
B) $61,083
C) $61,915
D) $58,320

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

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Canel 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: Canel 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: Required: a.Determine the fixed overhead budget variance for the year. b.Determine the fixed overhead volume variance for the year. Required: a.Determine the fixed overhead budget variance for the year. b.Determine the fixed overhead volume variance for the year.

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a.Budget variance = Actual fixed overhea...

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Mcgreal Incorporated has provided the following data concerning its overhead variances for the most recent period: Mcgreal Incorporated has provided the following data concerning its overhead variances for the most recent period: The total of the overhead variances is: A) $17,666 F B) $5,962 U C) $17,666 U D) $5,962 F The total of the overhead variances is:


A) $17,666 F
B) $5,962 U
C) $17,666 U
D) $5,962 F

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

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Carattini 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 labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below: Carattini 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 labor-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) $340,376 B) $342,000 C) $312,900 D) $372,000 The total amount of manufacturing overhead applied is closest to:


A) $340,376
B) $342,000
C) $312,900
D) $372,000

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

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Reade 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: Reade 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 total manufacturing overhead is underapplied or overapplied by how much? A) $61,347 Underapplied B) $32,395 Underapplied C) $61,347 Overapplied D) $32,395 Overapplied The total manufacturing overhead is underapplied or overapplied by how much?


A) $61,347 Underapplied
B) $32,395 Underapplied
C) $61,347 Overapplied
D) $32,395 Overapplied

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

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(Appendix 10A) A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: (Appendix 10A) A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -The overhead applied to products during the period was closest to: A) $79,118 B) $76,035 C) $77,440 D) $80,145 The following data pertain to operations for the most recent period: (Appendix 10A) A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -The overhead applied to products during the period was closest to: A) $79,118 B) $76,035 C) $77,440 D) $80,145 -The overhead applied to products during the period was closest to:


A) $79,118
B) $76,035
C) $77,440
D) $80,145

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

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Alapai Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) .The company has provided the following data for the most recent month: Alapai Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) .The company has provided the following data for the most recent month: What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month? A) $3,720 Favorable B) $2,280 Unfavorable C) $1,840 Favorable D) $1,880 Unfavorable What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month?


A) $3,720 Favorable
B) $2,280 Unfavorable
C) $1,840 Favorable
D) $1,880 Unfavorable

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

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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.The company's choice of the denominator level of activity has no effect on the fixed manufacturing overhead budget variance.

A) True
B) False

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(Appendix 10A) Zotta Enterprises uses standard costing and applies manufacturing overhead cost to products on the basis of standard direct labor-hours (DLHs) . Budgeted and actual data relating to manufacturing overhead for last year appear below: (Appendix 10A) Zotta Enterprises uses standard costing and applies manufacturing overhead cost to products on the basis of standard direct labor-hours (DLHs) . Budgeted and actual data relating to manufacturing overhead for last year appear below: -The budgeted fixed manufacturing overhead cost was: A) $24,000 B) $38,900 C) $40,200 D) $37,600 -The budgeted fixed manufacturing overhead cost was:


A) $24,000
B) $38,900
C) $40,200
D) $37,600

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

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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 did Tantanka use as a predetermined overhead rate for fixed manufacturing overhead? A) $85.50 per machine-hour B) $86.64 per machine-hour C) $87.40 per machine-hour D) $90.00 per machine-hour The standard machine-hours allowed for actual output during the year were 7,600. The actual machine-hours incurred were 7,500. -What did Tantanka use as a predetermined overhead rate for fixed manufacturing overhead?


A) $85.50 per machine-hour
B) $86.64 per machine-hour
C) $87.40 per machine-hour
D) $90.00 per machine-hour

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

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(Appendix 10A) Jessep Corporation has a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March: (Appendix 10A) Jessep Corporation has a standard cost system in which manufacturing overhead is applied on the basis of standard direct labor-hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March: -The fixed manufacturing overhead volume variance is: A) $3,000 U B) $3,000 F C) $9,000 U D) $6,000 U -The fixed manufacturing overhead volume variance is:


A) $3,000 U
B) $3,000 F
C) $9,000 U
D) $6,000 U

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

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(Appendix 10A) Arca 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) Arca 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 fixed overhead volume variance is: A) $42,675 U B) $57,675 U C) $42,675 F D) $57,675 F -The fixed overhead volume variance is:


A) $42,675 U
B) $57,675 U
C) $42,675 F
D) $57,675 F

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

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(Appendix 10A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: (Appendix 10A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -If the denominator level of activity is 6,100 machine-hours,the variable component in the predetermined overhead rate would be: A) $5.20 per machine-hour B) $44.24 per machine-hour C) $39.68 per machine-hour D) $44.88 per machine-hour The following data pertain to operations for the most recent period: (Appendix 10A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -If the denominator level of activity is 6,100 machine-hours,the variable component in the predetermined overhead rate would be: A) $5.20 per machine-hour B) $44.24 per machine-hour C) $39.68 per machine-hour D) $44.88 per machine-hour -If the denominator level of activity is 6,100 machine-hours,the variable component in the predetermined overhead rate would be:


A) $5.20 per machine-hour
B) $44.24 per machine-hour
C) $39.68 per machine-hour
D) $44.88 per machine-hour

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

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(Appendix 10A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: (Appendix 10A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -The predetermined overhead rate is closest to: A) $21.00 per hour B) $21.43 per hour C) $23.08 per hour D) $22.62 per hour The following data pertain to operations for the most recent period: (Appendix 10A) A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: -The predetermined overhead rate is closest to: A) $21.00 per hour B) $21.43 per hour C) $23.08 per hour D) $22.62 per hour -The predetermined overhead rate is closest to:


A) $21.00 per hour
B) $21.43 per hour
C) $23.08 per hour
D) $22.62 per hour

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

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