AF 363 Fall 2017 Midterm 3 Part 2 | |-| + | e ezto. mheducation.com/hm.tpx 1 Sav

Question

AF 363 Fall 2017 Midterm 3 Part 2 | |-| + | e ezto. mheducation.com/hm.tpx 1 Saved TabsApple Cloud Wikipedia Yahoo NewsPopula McGraw-Hill Connect | Student Performance AF 363 Fall 2017 Midterm 3 Part 2 Objective 15-2 76 The MC Qu. 76 The following information for the past year The following information for the past year is available from Thinnews Co, a company that uses machine hours to apply factory overhead Actual total factory overhead cost Actual fixed overhead cost Budgeted fixed overhead cost Actual machine hours Standard machine hours for the units manufactured Denominator volume-machine hours Standard variable overhead rate per machine hour $24,000 $10,000 $11,000 5,000 4,800 5,500 $3 Under a three-variance breakdown (decomposition) of the total factory overhead varlance, the factory overhead production volume variance is: O $400 favorable O $600 unfavorable. o $1,400 favorable O $1,400 unfavorable. O $2,000 favorable. References Multiple Choice Difficulty: 2 Medium

Explanation / Answer

Factory overhead production volume variance = $2*(4800-5500) = $1400 unfavourable

Correct option is D

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.