Question : 111. The standard costs and actual costs for factory overhead for : 1233879

111. The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:
 

Standard Costs

Fixed overhead (based on 10,000 hours)3 hours @ $.80 per hour

Variable overhead3 hours @ $2 per hour

Actual Costs

     Total variable cost, $18,000 

     Total fixed cost, $8,000 

The amount of the factory overhead volume variance is: 
A. $2,000 favorable
B. $2,000 unfavorable
C. $2,500 unfavorable
D. $0

112. The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:
 

Standard Costs

Fixed overhead (based on 10,000 hours)3 hours @ $.80 per hour

Variable overhead3 hours @ $2 per hour

Actual Costs

     Total variable cost, $18,000 

     Total fixed cost, $8,000 

The amount of the total factory overhead cost variance is: 
A. $2,000 favorable
B. $5,000 unfavorable
C. $2,500 unfavorable
D. $0

113. The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:
 

Standard Costs

Fixed overhead (based on 10,000 hours)3 hours @ $.80 per hour

Variable overhead3 hours @ $2 per hour

Actual Costs

     Total variable cost, $18,000 

     Total fixed cost, $8,000 

The amount of the factory overhead controllable variance is: 
A. $2,000 unfavorable
B. $3,000 favorable
C. $0
D. $3,000 unfavorable

114. The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows:
 

Standard:25,000 hours at $10$250,000

Actual:Variable factory overhead202,500

 Fixed factory overhead60,000

What is the amount of the factory overhead volume variance? 
A. $12,500 favorable
B. $10,000 unfavorable
C. $12,500 unfavorable
D. $10,000 favorable

115. The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows:
 

Standard:25,000 hours at $10$250,000

Actual:Variable factory overhead202,500

 Fixed factory overhead60,000

What is the amount of the factory overhead controllable variance? 
A. $10,000 favorable
B. $2,500 unfavorable
C. $10,000 unfavorable
D. $2,500 favorable

116. Assuming that the standard fixed overhead rate is based on full capacity, the cost of available but unused productive capacity is indicated by the: 
A. factory overhead cost volume variance
B. direct labor cost time variance
C. direct labor cost rate variance
D. factory overhead cost controllable variance

117. The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows:
 

Actual:Variable factory overhead$360,000

 Fixed factory overhead104,000

Standard hours allowed for units produced:60,000 hours at $7.50450,000

What is the amount of the factory overhead volume variance? 
A. $12,000 unfavorable
B. $12,000 favorable
C. $14,000 unfavorable
D. $26,000 unfavorable

118. The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows:
 

Actual:Variable factory overhead$360,000

 Fixed factory overhead104,000

Standard hours allowed for units produced:60,000 hours at $7.50450,000

What is the amount of the factory overhead controllable variance? 
A. $12,000 unfavorable
B. $12,000 favorable
C. $14,000 unfavorable
D. $26,000 unfavorable

119. Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a: 
A. quantity variance
B. controllable variance
C. volume variance
D. rate variance

120. The controllable variance measures: 
A. operating results at less than normal capacity
B. the efficiency of using variable overhead resources
C. operating results at more than normal capacity
D. control over fixed overhead costs