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    Phil97's Avatar
    Phil97 Posts: 1, Reputation: 1
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    #1

    Aug 11, 2004, 09:27 AM
    Need Help in Accounting Please
    This question has been killing me any help would be greatly appreciated.

    Michele, Inc is in the process of evaluating its manufacturing overhead costs. Michele uses a four-variance analysis of its manufacturing overhead costs. The reseults for April are as follows:
    Budgeted direct labor hours per unit is used to allocated variable manufactuing overead. Fixed overhead is allocated on a per unit basis.
    Budgeted amounts for April 1999 are:
    Direct labor hours .30/unit
    Variable labor hour overhead rate $20/DLH
    Fixed manufacturing overhead $600,000
    Budgeted output (denominator level output) 30,000 units

    Actual amounts for April 1999 are:
    Variable manufacturing overhead $340,000
    Fixed manufactuing overhead $590,000
    Direct labor hours 16,000
    Actual output 40,000
    1. What is the fixed spending variance using four-variance analysis?
    a. 10000 F
    b. 10000 U
    c. 13500 U
    d. 13500F
    2. What are the fixed efficiency and the fixed production volume variances, respectively, using four variance analysis?
    a. 10000U, 80000F, 200000U
    b. 10000U, 80000U, 200000F
    c. 5000F, 25000U, 0
    d. 5000u, 25000F, 0
    3. The total flexible budget variance is?
    a. 90000 f
    b. 90000 U
    c. 80000 U
    d. 80000 F
    Mauler's Avatar
    Mauler Posts: 1, Reputation: 1
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    #2

    Dec 2, 2004, 06:16 PM
    Did you ever get an answer to this one regarding Michelle Inc.
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