Entries by mary WAMBUGU

The fixed overhead volume variance is the A. Measure of the lost profits from the lack of sales volume.

August 24, 2019 in /by

The fixed overhead volume variance is the A. Measure of the lost profits from the lack of sales volume. B. Amount of the underapplied or overapplied fixed overhead costs. C. Potential cost reduction that can be achieved from better cost control. D. Measure of production inefficiency.   Looking for a Similar Assignment? Order now and […]

 

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A company’s flexible budgeted cost for indirect materials, a variable overhead cost, is $2.15 per unit of output.

August 24, 2019 in /by

A company’s flexible budgeted cost for indirect materials, a variable overhead cost, is $2.15 per unit of output. The company’s flexible budget performance report for last month showed a $4,500 favorable variance for the indirect materials. During that month, 19,700 units were produced. Budgeted activity for the month had been 19,000 units. The actual costs […]

 

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A company’s flexible budgeted cost for indirect materials, a variable overhead cost, is $2.15 per unit of output.

August 24, 2019 in /by

A company’s flexible budgeted cost for indirect materials, a variable overhead cost, is $2.15 per unit of output. The company’s flexible budget performance report for last month showed a $4,500 favorable variance for the indirect materials. During that month, 19,700 units were produced. Budgeted activity for the month had been 19,000 units. The actual costs […]

 

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When using a flexible budgeting system, the computation for the variable overhead spending variance is the difference between

August 24, 2019 in /by

When using a flexible budgeting system, the computation for the variable overhead spending variance is the difference between A. Actual variable overhead and the previously budgeted amount. B.The previously budgeted amount and actual inputs times the budgeted rate. C.The amount applied to work-in-process and actual variable overhead. D.Actual variable overhead and actual inputs times the […]

 

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