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Pohl Corporation uses a standard cost system in which manufacturing overhead is applied on the basis of standard machine-hours.For June,the company's manufacturing overhead flexible budget showed the following total budgeted costs at a denominator activity level of 20,000 machine-hours: Pohl Corporation uses a standard cost system in which manufacturing overhead is applied on the basis of standard machine-hours.For June,the company's manufacturing overhead flexible budget showed the following total budgeted costs at a denominator activity level of 20,000 machine-hours:   During June,17,000 machine-hours were used to complete 13,000 units of product,and the following actual total overhead costs were incurred:   At standard,each unit of finished product requires 1.4 hours of machine time. The variable overhead efficiency variance for utilities cost for June was: A) $400 F B) $400 U C) $600 F D) $600 U During June,17,000 machine-hours were used to complete 13,000 units of product,and the following actual total overhead costs were incurred: Pohl Corporation uses a standard cost system in which manufacturing overhead is applied on the basis of standard machine-hours.For June,the company's manufacturing overhead flexible budget showed the following total budgeted costs at a denominator activity level of 20,000 machine-hours:   During June,17,000 machine-hours were used to complete 13,000 units of product,and the following actual total overhead costs were incurred:   At standard,each unit of finished product requires 1.4 hours of machine time. The variable overhead efficiency variance for utilities cost for June was: A) $400 F B) $400 U C) $600 F D) $600 U At standard,each unit of finished product requires 1.4 hours of machine time. The variable overhead efficiency variance for utilities cost for June was:


A) $400 F
B) $400 U
C) $600 F
D) $600 U

E) None of the above
F) B) and C)

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A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity.Data from the company's flexible budget for manufacturing overhead are given below: A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is 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:   The fixed manufacturing overhead budget variance for the period is closest to: A) $2,675 U B) $1,450 F C) $3,691 F D) $1,270 F The following data pertain to operations for the most recent period: A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is 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:   The fixed manufacturing overhead budget variance for the period is closest to: A) $2,675 U B) $1,450 F C) $3,691 F D) $1,270 F The fixed manufacturing overhead budget variance for the period is closest to:


A) $2,675 U
B) $1,450 F
C) $3,691 F
D) $1,270 F

E) B) and C)
F) All of the above

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Hairr Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.50 per machine-hour and fixed manufacturing overhead cost of $947,672 per period.If the denominator level of activity is 8,900 machine-hours,the predetermined overhead rate would be:


A) $9.50
B) $115.98
C) $106.48
D) $950.00

E) A) and C)
F) B) and D)

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Saffold Corporation has provided the following data for December. Saffold Corporation has provided the following data for December.   The budget variance for December is: A) $10,050 U B) $6,540 U C) $6,540 F D) $10,050 F The budget variance for December is:


A) $10,050 U
B) $6,540 U
C) $6,540 F
D) $10,050 F

E) All of the above
F) A) and D)

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Omary Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) .The company has provided the following data for the most recent month: Omary Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) .The company has provided the following data for the most recent month:   What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month? A) $1,520 Unfavorable B) $3,180 Favorable C) $4,820 Unfavorable D) $6,340 Unfavorable What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month?


A) $1,520 Unfavorable
B) $3,180 Favorable
C) $4,820 Unfavorable
D) $6,340 Unfavorable

E) A) and C)
F) B) and C)

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The following data for February has been provided by Gillard Corporation. The following data for February has been provided by Gillard Corporation.   The budget variance for February is: A) $7,440 F B) $7,440 U C) $1,140 F D) $1,140 U The budget variance for February is:


A) $7,440 F
B) $7,440 U
C) $1,140 F
D) $1,140 U

E) A) and D)
F) B) and D)

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A volume variance is computed for:


A) both variable and fixed manufacturing overhead.
B) variable manufacturing overhead only.
C) fixed manufacturing overhead only.
D) direct labor costs as well as overhead costs.

E) A) and B)
F) A) and C)

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The Dillon Corporation makes and sells a single product.Overhead costs are applied on the basis of standard direct labor-hours.The standard cost card shows that 5 direct labor-hours are required per unit.The Dillon Corporation had the following budgeted and actual data for March: The Dillon Corporation makes and sells a single product.Overhead costs are applied on the basis of standard direct labor-hours.The standard cost card shows that 5 direct labor-hours are required per unit.The Dillon Corporation had the following budgeted and actual data for March:   The fixed manufacturing overhead volume variance for March is: A) $7,750 F B) $7,750 U C) $1,550 F D) $3,900 U The fixed manufacturing overhead volume variance for March is:


A) $7,750 F
B) $7,750 U
C) $1,550 F
D) $3,900 U

E) All of the above
F) C) and D)

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A manufacturer of playground equipment uses a standard costing system in which standard machine-hours (MHs) is the measure of activity.Data from the company's flexible budget for manufacturing overhead are given below: A manufacturer of playground equipment uses a standard costing system in which standard machine-hours (MHs) is 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:   The fixed manufacturing overhead volume variance for the period is closest to: A) $2,256 F B) $2,331 F C) $3,089 U D) $5,420 F The following data pertain to operations for the most recent period: A manufacturer of playground equipment uses a standard costing system in which standard machine-hours (MHs) is 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:   The fixed manufacturing overhead volume variance for the period is closest to: A) $2,256 F B) $2,331 F C) $3,089 U D) $5,420 F The fixed manufacturing overhead volume variance for the period is closest to:


A) $2,256 F
B) $2,331 F
C) $3,089 U
D) $5,420 F

E) B) and C)
F) A) and D)

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A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity.Data from the company's flexible budget for manufacturing overhead are given below: A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is 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:   The overhead applied to products during the period was closest to: A) $112,850 B) $113,415 C) $116,550 D) $110,889 The following data pertain to operations for the most recent period: A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is 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:   The overhead applied to products during the period was closest to: A) $112,850 B) $113,415 C) $116,550 D) $110,889 The overhead applied to products during the period was closest to:


A) $112,850
B) $113,415
C) $116,550
D) $110,889

E) All of the above
F) C) and D)

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Coblentz Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $6.20 per MH.The company had budgeted its fixed manufacturing overhead cost at $40,000 for the month.During the month,the actual total variable manufacturing overhead was $48,970 and the actual total fixed manufacturing overhead was $43,000.The actual level of activity for the period was 8,300 MHs.What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month?


A) $2,490 Favorable
B) $510 Favorable
C) $510 Unfavorable
D) $2,490 Unfavorable

E) B) and C)
F) A) and D)

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