Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information was taken from the annua

The following information was taken from the annual manufacturing overhead cost budget of Cinnamon Manufacturing:...

60.1K

Verified Solution

Question

Accounting

image

image
image
image
The following information was taken from the annual manufacturing overhead cost budget of Cinnamon Manufacturing: During the year, 30,000 units were produced, 64,000 hours were worked, and the actual manufacturing overhead costs were $322,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs Overhead is applied on the basis of direct labor hours. Compute the total, fixed, and variable predetermined manufacturing overhead rates. The following information was taken from the annual manufacturing overhead cost budget of Cinnamon Manufacturing: During the year, 30,000 units were produced, 64,000 hours were worked, and the actual manufacturing overhead costs were $322,000. The actual fixed manufacturing overhead costs did not deviate from the budgeted fixed manufacturing overhead costs Overhead is applied on the basis of direct labor hours. Compute the total, fixed, and variable predetermined manufacturing overhead rates. Compute the total, controllable, and volume overhead variances. Identify whether the variances Favorable or Unfavorable

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Q

There were 20 participants in a recent study on personality traits After being shown four...

Basic Math
Q

A vegetable distributor knows that during the month of August, the weights of its tomatoes are...

Statistics
Q

A 0.408 kg pendulum bob passes through the lowest part of its path at a speed...

Physics
Q

use execl and show me how The following is a payroll sheet for Otis Import Company...

Accounting
Q

1. Copy Center pays an average wage of $13 per hour to employees for printing and copying...

Accounting
Q

Let population consist of the values 10 cigarettes 11 cigarettes and 21 cigarettes smoked in...

Statistics
Q

6 Using the following information answer the following Generally the population scores on an IQ...

Statistics
Q

Convert the equation f t 37 Give answers accurate to three

Calculus
Q

Learning Goal from Lesson 12 5 I can compute the annual dividend and annual yield...

Algebra
Q

Exercise 5-22(Algo) CVP analysis with two products LO P3 ...

Accounting
Q

A.) explain use of learning curve in budgetary and budget control,and explain the difficulties that...

Accounting
Q

urrent Attempt in Progress Bramble has year-end account balances of Sales Revenue $832,346, Interest Revenue...

Accounting