Question :
101. Which of the following would not lend itself to applying : 1239578
101. Which of the following would not lend itself to applying direct labor variances? A. Help deskB. Research and development scientistC. Customer service personnelD. Telemarketer
102. 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 overhead
3 hours @ $2.00 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 favorableB. $2,000 unfavorableC. $2,500 unfavorableD. $0
103. 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 overhead
3 hours @ $2.00 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 favorableB. $5,000 unfavorableC. $2,500 unfavorableD. $0
104. 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 overhead
3 hours @ $2.00 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 unfavorableB. $3,000 favorableC. $0D. $3,000 unfavorable
105. 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 overhead
$202,500
Fixed factory overhead
60,000
What is the amount of the factory overhead volume variance? A. $12,500 favorableB. $10,000 unfavorableC. $12,500 unfavorableD. $10,000 favorable
106. 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 overhead
$202,500
Fixed factory overhead
60,000
What is the amount of the factory overhead controllable variance? A. $10,000 favorableB. $2,500 unfavorableC. $10,000 unfavorableD. $2,500 favorable
107. 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 varianceB. direct labor cost time varianceC. direct labor cost rate varianceD. factory overhead cost controllable variance
108. 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 overhead
104,000
Standard hours allowed for units produced:
60,000 hours
What is the amount of the factory overhead volume variance? A. $12,000 unfavorableB. $12,000 favorableC. $14,000 unfavorableD. $26,000 unfavorable
109. 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 overhead
104,000
Standard hours allowed for units produced:
60,000 hours
What is the amount of the factory overhead controllable variance? A. $12,000 unfavorableB. $12,000 favorableC. $14,000 unfavorableD. $26,000 unfavorable
110. Incurring actual indirect factory wages in excess of budgeted amounts for actual production results in a: A. quantity varianceB. controllable varianceC. volume varianceD. rate variance
