Question

Bellingham Company produced 5,100 units of product that required 3.5 standard direct labor hours per unit....

Bellingham Company produced 5,100 units of product that required 3.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.55 per direct labor hour at 16,650 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

$_________

Homework Answers

Answer #1

Answer

  • Correct Answer = $ 3060 Favourable
    Please enter FAVOURABLE VARIANCE as a NEGATIVE NUMBER.

--Working

Fixed Overhead Production Volume Variance

(

Standard Fixed Overhead or Fixed Overhead absorbed = 5100 units x 3.5 std hrs x $ 2.55

-

Budgeted Fixed Overhead = 16650 hrs x $ 2.55

)

(

$                      45,517.50

-

$            42,457.50

)

3060

Variance

$              3,060.00

Favourable-F

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Factory Overhead Controllable Variance Bellingham Company produced 6,400 units of product that required 3.5 standard hours...
Factory Overhead Controllable Variance Bellingham Company produced 6,400 units of product that required 3.5 standard hours per unit. The standard variable overhead cost per unit is $5.80 per hour. The actual variable factory overhead was $135,250. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $ Factory Overhead Volume Variance Dvorak Company produced 2,400 units of product that required 4 standard hours...
Factory Overhead Volume Variance Bellingham Company produced 1,900 units of product that required 1.5 standard direct...
Factory Overhead Volume Variance Bellingham Company produced 1,900 units of product that required 1.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.10 per direct labor hour at 3,150 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $ Unfavorable
Factory Overhead Controllable Variance Bellingham Company produced 4,300 units of product that required 8.5 standard hours...
Factory Overhead Controllable Variance Bellingham Company produced 4,300 units of product that required 8.5 standard hours per unit. The standard variable overhead cost per unit is $6.00 per hour. The actual variable factory overhead was $210,970. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $ Favorable
Bellingham Company produces a product that requires 10 standard direct labor hours per unit at a...
Bellingham Company produces a product that requires 10 standard direct labor hours per unit at a standard hourly rate of $22.00 per hour. If 4,300 units used 41,300 hours at an hourly rate of $23.10 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance $ Unfavorable b....
Factory Overhead Controllable Variance Bellingham Company produced 3,700 units of product that required 1.5 standard hours...
Factory Overhead Controllable Variance Bellingham Company produced 3,700 units of product that required 1.5 standard hours per unit. The standard variable overhead cost per unit is $5.00 per hour. The actual variable factory overhead was $28,420. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. $  
Direct Labor Variances Bellingham Company produces a product that requires 5 standard direct labor hours per...
Direct Labor Variances Bellingham Company produces a product that requires 5 standard direct labor hours per unit at a standard hourly rate of $17.00 per hour. If 5,300 units used 25,700 hours at an hourly rate of $17.68 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance...
Bellingham Company produces a product that requires 2 standard direct labor hours per unit at a...
Bellingham Company produces a product that requires 2 standard direct labor hours per unit at a standard hourly rate of $20.00 per hour. If 5,200 units used 10,000 hours at an hourly rate of $20.80 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance $ b. Direct...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $9.00 per hour. If 3,500 units required 10,700 hours at an hourly rate of $8.82 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Bellingham Company produces a product that requires 8 standard direct labor hours per unit at a...
Bellingham Company produces a product that requires 8 standard direct labor hours per unit at a standard hourly rate of $14.00 per hour. If 5,600 units used 45,700 hours at an hourly rate of $14.28 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance $fill in the...
Direct Labor Variances Bellingham Company produces a product that requires 9 standard direct labor hours per...
Direct Labor Variances Bellingham Company produces a product that requires 9 standard direct labor hours per unit at a standard hourly rate of $20.00 per hour. If 2,100 units used 18,500 hours at an hourly rate of $20.40 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance...