Answer Happy

1 Mc Grow You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March stilities Maintenance Supplies Indirect labor $16,4 hour hour 30.se per sachine-hour 304,700+1.58 per machine hour 148,400 During March, the company worked 22,000 machine hours and produced 16,000 units. The company had originally planned to work 24,000 machine-hours during March. Required: 1 Calculate the activity variances for March 2. Calculate the spending varsances for March Required 1 Cast Fan Answer is not complete. Complete this question by entering your answers in the tabs below. Required 2 Uties Maintenance Supple Calodate the activity variances for Harch. (indicate the effect of each variance by selecting " for favorabis, for unfavorable, and one for no effect (e. as variance), Ingut at amounts as positive values) FAD Con Activity Variances For the Month Ended March 31 420 Actual Cast lo March $ 23,240 $ 54,400 115,000 $ 131,000 170,100 1.000 000 Puny 344 111 New D
During March, the company worked 22,000 machine-hours and produced $6,000 units. The company had originally planned to work 24,000 machine-hours during March. Required: 1. Calculate the activity variances for March 2. Calculate the spending variances for March. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the activity variances for March (Indicate the effect of each variance by selecting " for favorable, "U" for unfavorable, and "hone" for no effect (ie, zere variance), Input all amounts as positive values) FAD Corporation Activity Variances For the Month Ended March 31 4200 Utilities Maintenance Supplies Indirect laber Depreciation Total 1,600 3,000 F 0 None 000000 <Megabed Required 2 > 4
During March, the company worked 22,000 machine-hours and produced 16,000 units. The company had originally planned to work 24,000 machine-hours during March Required: 1. Calculate the activity variances for March 2. Calculate the spending variances for March Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the spending variances for Harch. (Indicate the effect of each variance by selecting for favorable. "U" for unfavorable, and "None" for no affect (Ls, zira variance). Input all amounts as positive vakies) TAB Corporation Spending Variences For the Month Ended March 31 Udes Maintenance Supplies Indirect labor Depreciation Total s (2220) 19.400 F (1,400) 10 (3,900) U (1,700) U 10,100 r O O O O Required 1