酒店管理__Topics_for_Today.ppt

Practice Question La Jolla Company uses a standard costing system. Variable MOH is applied to production on the basis of DL hours. The following data is available for October: Actual variable manufacturing overhead $25,500 Actual direct labor hours worked 5,800 Variable overhead spending variance $600F Variable overhead efficiency variance $2,475U What were the standard hours allowed for production in October? Fixed overhead variances are generally divided into the budget and the volume variance. The budget variance compares actual fixed overhead to the flexible budget fixed overhead cost. The volume variance compares the flexible budget fixed overhead cost to the amount of fixed overhead applied . Fixed Overhead Variances Budget variance Fixed Overhead Variances  Actual Fixed Fixed Fixed Overhead Overhead Overhead  Incurred Budget Applied Volume variance SH × FR Or DH × FR DH- Denominator hours FR – Fixed portion of POHR AFOH BFOH AFOH - BFOH FR*(DH-SH) Cola Co’s actual production required 3,200 standard machine hours. Actual fixed overhead was $8,450. The budeged fixed overhead cost was $9,000. The denominator level of activity is 3,000 hours. Q: what are the fixed overhead budget and volume variances? Fixed Overhead Variances – Example Practice Question Berkshire Co. uses a standard cost system. The flexible budget for overhead costs shows that at 20,000 machine hours, the total OH cost is $550,000; at 40,000 machine hours, the total OH cost is $850,000. In May, 25,000 machine hours were anticipated. Actual information for May was as follows:Standard machine hours allowed 27,000Actual machine hours worked 21,000Variable OH incurred $250,000Fixed OH incurred $220,000Q: (1) VOH spending v