Question :
85.A company uses the following standard costs to produce a : 1236749
85.A company uses the following standard costs to produce a single unit of output.
A.$1,800 favorable
B.$5,800 unfavorable
C.$5,800 favorable
D.$1,800 unfavorable
E.$1,000 favorable
86.A company uses the following standard costs to produce a single unit of output.
A.$1,200 favorable
B.$3,650 favorable
C.$2,450 favorable
D.$3,650 unfavorable
E.$1,200 unfavorable
87.A company uses the following standard costs to produce a single unit of output.
A.$3,650 favorable
B.$2,450 favorable
C.$1,200 unfavorable
D.$1,200 favorable
E.$2,450 unfavorable
88.Overhead cost variance is:
A.The difference between the overhead costs actually incurred and the overhead budgeted at the actual operating level.
B.The difference between the actual overhead incurred during a period and the standard overhead applied.
C.The difference between actual and budgeted cost caused by the difference between the actual price per unit and the budgeted price per unit.
D.The costs that should be incurred under normal conditions to produce a specific product (or component) or to perform a specific service.
E.The difference between the total overhead cost that would have been expected if the actual operating volume had been accurately predicted and the amount of overhead cost that was allocated to products using the standard overhead rate.
89.The difference between actual overhead costs incurred and the budgeted overhead costs based on a flexible budget is the:
A.Production variance.
B.Quantity variance.
C.Volume variance.
D.Price variance.
E.Controllable variance.
90.When there is a difference between the actual volume of production and the standard volume of production, which of the following, based solely on fixed overhead, occurs:
A.Production variance.
B.Volume variance.
C.Overhead cost variance.
D.Quantity variance.
E.Controllable variance.
91.A company’s flexible budget for 48,000 units of production showed variable overhead costs of $72,000 and fixed overhead costs of $64,000. The company incurred overhead costs of $122,800 while operating at a volume of 40,000 units. The total controllable cost variance is:
A.$1,200 favorable.
B.$1,200 unfavorable.
C.$13,200 favorable.
D.$13,200 unfavorable.
E.$15,200 favorable.
92.A company’s flexible budget for the range of 35,000 units to 45,000 units of production showed variable overhead costs of $2 per unit and fixed overhead costs of $72,000. The company incurred total overhead costs of $148,800 while operating at a volume of 40,000 units. The total controllable cost variance is:
A.$6,800 favorable.
B.$6,800 unfavorable.
C.$3,200 favorable.
D.$3,200 unfavorable.
E.$10,000 favorable.
93.Jefferson Co. uses the following standard to produce a single unit of its product: variable overhead $6 (2 hrs. per unit @ $3/hr.). Actual data for the month show variable overhead costs of $150,000, and 24,000 units produced. The total variable overhead variance is:
A.$6,000F.
B.$6,000U.
C.$78,000U.
D.$78,000F.
E.$0.
94.Grant Co. uses the following standard to produce a single unit of its product: Variable overhead (2 hrs. per unit @ $4/hr.) Actual data for the month show total variable overhead costs of $190,000, and 23,000 units produced. The total variable overhead variance is:
A.$6,000F.
B.$6,000U.
C.$78,000U.
D.$78,000F.
E.$0.
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