Examlex
Ever-Sharp Lawnmowers Ltd.controls variable manufacturing overhead costs with assembly-line hours as the denominator.Fixed manufacturing overhead costs are applied on a unit-of-output basis.Each lawnmower is allowed 10 assembly-line hours and standard variable manufacturing overhead totals $650 per unit.Budgeted fixed manufacturing overhead totals $29,400 for 420 lawnmowers.During July 4,200 assembly-line hours were incurred and 400 lawnmowers were produced.Actual manufacturing overhead costs for July were $260,400 for variable expenses and $32,300 for fixed expenses.Required:
a.Compute a 4-variance analysis for the month of July.
b.Compute a 3-variance analysis for the month of July.
c.Compute a 2-variance analysis for the month of July.
Q32: The production -volume overhead variance is favourable
Q32: Budgeted financial statements are also referred to
Q46: During February the Lungren Manufacturing Company's costing
Q51: OECD is an important supranational entity. What
Q79: The variable overhead efficiency variance can be
Q88: June's direct material flexible-budget variance is<br>A)$980 unfavourable.<br>B)$300
Q91: One possible means of determining the difference
Q117: What is the cost driver rate if
Q127: Benchmarking key activities can be even more
Q146: Sensitivity analysis helps to evaluate outcomes from