Barrymore Corporation,which Makes Landing Gears,has Provided the Following Data for a Recent

question 127

Essay

Barrymore Corporation,which makes landing gears,has provided the following data for a recent month: $$\begin{array} { | l | r | l | } \hline \text { Budgeted production } & 1,200 & \text { gears } \\\hline \begin{array} { l } \text { Standard machine-hours per } \\\text { gear }\end{array} & 5.9 & \text { machine-hours } \\\hline \text { Budgeted supplies cost } & \$ 6.50 & \begin{array} { l } \text { per machine- } \\\text { hour }\end{array} \\\hline \text { Actual production } & 1,300 & \text { gears } \\\hline \text { Actual machine-hours } & 7,950 & \text { machine-hours } \\\hline \text { Actual supplies cost (total) } & \$ 49,742 & \\\hline\end{array}$$
Required:
Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable.Show your work!

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Definitions:

Organizational Engineering

A field that applies engineering principles and analytical approaches to the design and optimization of organizational structures, processes, and systems for improved performance.

Organizational Synergy

The increased effectiveness that results when individuals or groups work together cooperatively, producing a combined effect greater than the sum of their separate effects.

Ethnic Composition

The demographic makeup regarding the diverse ethnic groups within a population or organization.

Hispanics

A term used to describe people, cultures, or countries related to Spanish language, heritage, and culture.