Fraser Inc., a producer of donut making tools, has provided the following data for June:...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Fraser Inc., a producer of donut making tools, has provided the following data for June: Budgeted production tools Standard machinehours per tool machinehours Standard indirect labor $ per machinehour Standard power $ per machinehour Actual production tools Actual machinehours machinehours Actual indirect labor $ Actual power $ Compute the variable overhead rate variance for indirect labor for June. Compute the variable overhead rate variance for power for June. Responses should be formatted as a whole number with a dollar sign at the beginning and commas separating appropriate increments. If the variance is favorable, write it as a positive whole number. If the variance is unfavorable, put parentheses around the number ie$ indicates an unfavorable variance and $ indicates a favorable variance Please do not include any words in your response, and please do not include cents ie Please note that you MUST format your response exactly as directed in order to receive credit. I will give partial credit for correct numbers with incorrect formatting.
Fraser Inc., a producer of donut making tools, has provided the following data for June:
Budgeted production tools
Standard machinehours per tool machinehours
Standard indirect labor $ per machinehour
Standard power $ per machinehour
Actual production tools
Actual machinehours machinehours
Actual indirect labor $
Actual power $
Compute the variable overhead rate variance for indirect labor for June.
Compute the variable overhead rate variance for power for June.
Responses should be formatted as a whole number with a dollar sign at the beginning and commas separating appropriate increments. If the variance is favorable, write it as a positive whole number. If the variance is unfavorable, put parentheses around the number ie$ indicates an unfavorable variance and $ indicates a favorable variance Please do not include any words in your response, and please do not include cents ie
Please note that you MUST format your response exactly as directed in order to receive credit. I will give partial credit for correct numbers with incorrect formatting.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.