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133. The labor rate variance for October is:
Davidson Corporation makes a product that has the following direct labor standards:
In September the company produced 4,900 units using 2,210 direct labor-hours. The actual direct
labor rate was $22.40 per hour.
134. The labor efficiency variance for September is:
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135. The labor rate variance for September is:
Pikus Corporation makes a product that has the following direct labor standards:
In January the company's budgeted production was 3,400 units, but the actual production was
3,500 units. The company used 640 direct labor-hours to produce this output. The actual direct
labor cost was $8,960.
136. The labor efficiency variance for January is:
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137. The labor rate variance for January is:
Fabiano Corporation makes a product whose direct labor standards are 0.5 hours per unit
and $23.00 per hour. In February the company produced 3,300 units using 1,640 direct labor-
hours. The actual direct labor cost was $38,540.
138. The labor efficiency variance for February is:
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139. The labor rate variance for February is:
The following standards for variable manufacturing overhead have been established for a
company that makes only one product:
The following data pertain to operations for the last month:
140. What is the variable overhead rate variance for the month?
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141. What is the variable overhead efficiency variance for the month?
The Richie Company uses a standard costing system in which variable manufacturing
overhead is assigned to production on the basis of the number of machine setups. Data for the
month of October include the following:
• Variable manufacturing overhead cost incurred: $42,750
• Total variable manufacturing overhead variance: $5,430 favorable
• Standard machine setups allowed for actual production: 2,920 setups
• Actual machine setups incurred: 2,850 setups
142. The standard variable overhead rate per machine setup is:
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143. The variable overhead rate variance is:
A manufacturing company that has only one product has established the following
standards for its variable manufacturing overhead. The company bases its variable
manufacturing overhead standards on machine-hours.
The following data pertain to operations for the last month:
144. What is the variable overhead rate variance for the month?
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145. What is the variable overhead efficiency variance for the month?
The following data have been provided by Augustave Corporation:
Indirect labor and power are both elements of variable manufacturing overhead.
146. The variable overhead rate variance for indirect labor is closest to:
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147. The variable overhead rate variance for power is closest to:
The following data have been provided by Pollo Corporation:
Lubricants and supplies are both elements of variable manufacturing overhead.
148. The variable overhead rate variance for lubricants is closest to:
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149. The variable overhead rate variance for supplies is closest to:
Hickory Corporation, which produces commercial safes, has provided the following data:
Supplies cost is an element of variable manufacturing overhead.
150. The variable overhead rate variance for supplies is closest to:
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151. The variable overhead efficiency variance for supplies is closest to:
Jardell Corporation makes a product with the following standards for labor and variable
overhead:
The company budgeted for production of 6,400 units in June, but actual production was 6,400
units. The company used 3,180 direct labor-hours to produce this output. The actual variable
overhead rate was $4.90 per hour. The company applies variable overhead on the basis of direct
labor-hours.
152. The variable overhead efficiency variance for June is:
