">

Question Details

(Solved) (Latest ver. Aug 2020) - Managerial Accounting Problems

Brief item decscription


Item details:

Question:

1. Machain Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's cost formula for variable overhead cost is $2.90 per machine hour. The actual variable overhead cost for the month was $15,270. The original budget for the month was based on 5,000 machine hours. The company actually worked 5,090 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 5,200 machine-hours. What was the variable overhead efficiency variance for the month?

A. $580 unfavorable
B. $190 unfavorable
C. $509 unfavorable
D. $319 favorable

2. Company's standards call for 750 direct labor-hours to produce 500 units. During May, 400 units were produced. The company worked 650 direct labor hours. The standard hours allowed for May production would be:

A. 750 hours
B. 650 hours
C. 600 hours
D. 100 hours

3. Davison Inc. consists of two districts, A and B. The company as a whole had sales of $400,000, a contribution margin ratio of 25% and a combined segment margin totaling $35,000. District A had sales of $90,000 during May, a contribution margin ratio of 45%, and a segment margin of $16,000. If the net operating income of Davison Inc. for May is $12,000, the traceable fixed expenses in District B must have seen:

A. $23,000
B. $24,500
C. $49,000
D. $40,500

 







About this question:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 16, 2020

PRICE: $11.5

Solution~00010826.zip (18.37 KB)

Buy this answer for only: $11.5

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by PayPal.
SiteLock

Need a similar solution fast, written anew from scratch? Place your own custom order

We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

Order Now