Question Details

51. The fixed overhead budget variance for May was?

A. $3,580 U.

B. $3,580 F.

C. $7,000 U.

D. $7,000 F.

Pollitt Potato Packers has a flexible budget for manufacturing overhead that is based on direct labourhours.

The following overhead costs appear on the flexible budget at the 200,000-hour level of activity:

52. At an activity level of 180,000 direct labour-hours, the flexible budget would show indirect labour cost

of?

A. $108,000.

B. $144,000.

C. $162,000.

D. $180,000.

53. The flexible budget would show total variable overhead cost in dollars per direct labour-hour as?

A. $0.60.

B. $0.90.

C. $1.50.

D. $1.80.

54. At an activity level of 180,000 direct labour-hours, the flexible budget would show total budgeted fixed

costs to be?

A. $100,000.

B. $144,000.

C. $150,000.

D. $160,000.

55. At an activity level of 160,000 direct labour-hours, the flexible budget would show the budgeted amount

for utilities to be?

A. $80,000.

B. $100,000.

C. $120,000.

D. $160,000.

A manufacturing company has a standard costing system based on machine-hours (MHs) 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:

56. What is the predetermined overhead rate to the nearest cent?

A. $17.91.

B. $18.00.

C. $18.50.

D. $18.59.

57. How much overhead was applied to products during the period to the nearest dollar?

A. $110,889.

B. $112,850.

C. $113,415.

D. $116,550.

58. What was the variable overhead spending variance for the period to the nearest dollar?

A. $315 U.

B. $315 F.

C. $1,465 U.

D. $1,465 F.

59. What was the variable overhead efficiency variance for the period to the nearest dollar?

A. $300 F.

B. $1,465 U.

C. $1,760 U.

D. $1,775 U.

60. What was the fixed overhead budget variance for the period to the nearest dollar?

A. $452 F.

B. $900 F.

C. $3,450 F.

D. $3,734 U.