Standard Corporation has developed standard manufacturing overhead costs based on a capacity of 180,000 direct labor-hours (DLHs) as follows:Standard overhead costs per unit:Variable portion: 2 DLHs × $3 per DLH = $6Fixed portion: 2 DLHs × $5 per DLH = $10The following data pertain to operations in April: Actual output 80,000unitsActual direct labor cost$644,000 Actual direct labor-hours worked 165,000DLHsVariable overhead cost incurred$518,000 Fixed overhead cost incurred$860,000 The fixed manufacturing overhead budget variance for April was:
A. $60,000 Unfavorable
B. $60,000 Favorable
C. $40,000 Unfavorable
D. $40,000 Favorable
Answer: D
You might also like to view...
Explain the difference between an emotion trait and an emotion state.
What will be an ideal response?
Which of the following is true about the rights of shareholders?
A. Shareholders' rights are aimed at protecting only the interests of major shareholders. B. Shareholders have the rights to be informed about their investments. C. Shareholders do not have the rights to put ceilings on the salaries of top executives. D. Shareholders have the rights to make managerial decisions within the corporation.
Focus groups represent 85% to 90% of the total money spent on qualitative research
Indicate whether the statement is true or false
A major tool guestologists use is ______.
a. Observation b. Surveying c. Theorizing d. Probabilistic Statistics