Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 399 Weeks Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 12.00

Norris Company produces telephones

Norris Company produces telephones. To help control costs, Norris employs a stan- dard costing system and uses a flexible budget to predict overhead costs at various levels of activity. For the most recent year, Norris used a standard overhead rate of

$18 per direct labor hour. The rate was computed using practical activity. Budgeted

 

 

 

 

 

 

 

overhead costs are $792,000 for 36,000 direct labor hours and $1,080,000 for 60,000 direct labor hours. During the past year, Norris generated the following data:

a. Actual production: 100,000 units

b. Fixed overhead volume variance: $36,000 U

c. Variable overhead efficiency variance: $24,000 F

d. Actual fixed overhead costs: $380,000

e. Actual variable overhead costs: $620,000

 

Required

1. Calculate the fixed overhead rate.

2. Determine the fixed overhead spending variance.

3. Determine the variable overhead spending variance.

4. Determine the standard hours allowed per unit of product.

5. Assuming the standard labor rate is $13 per hour, compute the labor efficiency variance.

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Jul 2017 11:07 PM My Price 12.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â----------- Th-----------ank----------- Yo-----------u f-----------or -----------usi-----------ng -----------our----------- we-----------bsi-----------te -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n. -----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill-----------

Not Rated(0)