Sinclair Manufacturing Uses a Standard Cost System

question 69

Essay

Sinclair Manufacturing uses a standard cost system.The T-account for manufacturing overhead is shown below:

In addition to the above,Sinclair calculated the following overhead variances:
Variable overhead cost variance: $5,000 F
Variable overhead efficiency variance: $4,850 U
Fixed overhead cost variance: $1,200 F
Fixed overhead volume variance: $3,350 U
Prepare the journal entry to close the manufacturing overhead account and record the overhead variances.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Vertical Exaggeration

The method of representing the topographical relief on maps and diagrams by increasing the elevation scale relative to the horizontal scale.

Groundwater Divide

An area elevated between two groundwater basins, directing the flow of subsurface water in opposite directions.

Hydraulic Gradient

The slope or gradient of the water table.

Water Table

The upper level of an underground surface in which the soil or rocks are permanently saturated with water, marking the boundary between the unsaturated zone above and the saturated zone below.