Trini Company set the following standard costs per unit for its single product Overhead is...
80.2K
Verified Solution
Question
Accounting
Trini Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the company's capacity of 63,000 units per quarter. The following additional information is available. During the current quarter, the company operated at 90% of capacity and produced 56,700 units; actual direct labor totaled 393,900 hours. Units produced were assigned the following standard costs. Actual costs incurred during the current quarter follow. Direct materials (1,686,090 pounds $5.10 per pound) Direct labor (393,960 hours @$12.00 per hour) Fixed overhead Variable overhead Actual cost $8,598,6004,726,8603,360,6003,164,200$19,869,600 Required: (a) Compute the variable overhead spending and efficiency variances (b) Compute the fixed overhead spending and volume variances (c) Compute the overhead controllable variance Complete this question by entering your answers in the tabs below



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.