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Question: ACCT 2111-61. Spring 2017 EXAM 3 Chapters 8 & 12 Name: 50pts Total 1) At Cady Corporation, mainte…
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Question: ACCT 2111-61. Spring 2017 EXAM 3 Chapters 8 & 12 Name: 50pts Total 1) At Cady Corporation, mainte...
3&4 question
Question: ACCT 2111-61. Spring 2017 EXAM 3 Chapters 8 & 12 Name: 50pts Total 1) At Cady Corporation, mainte...

Show transcribed image text ACCT 2111-61. Spring 2017 EXAM 3 Chapters 8 & 12 Name: 50pts Total 1) At Cady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for June showed that actual maintenance costs totaled s9.600 and that the associated rate variance was s400 avorable. If 8,000 machine-hours were actually worked during June, the standard maintenance cost per machine-hour was: A. $1.30 per MH B. $1.25 per MH C. $1.20 per MH D. $1.15 per MH 2) Corporation's cost formula for its manufacturing overhead is $25,700 per month plus $10 per machine- Eberley hour. For the month of July, the company planned for activity of 5.900 machine-hours, but the actual level of activity was 5,920 machine-hours. The actual manufacturing overhead for the month was $86,800. The manufacturing overhead in the planning budget for July would be closest to: A. $84,900 B. $86,800 C. $84,700 D. $86,507

ACCT 2111-61. Spring 2017 EXAM 3 Chapters 8 & 12 Name: 50pts Total 1) At Cady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for June showed that actual maintenance costs totaled s9.600 and that the associated rate variance was s400 avorable. If 8,000 machine-hours were actually worked during June, the standard maintenance cost per machine-hour was: A. $1.30 per MH B. $1.25 per MH C. $1.20 per MH D. $1.15 per MH 2) Corporation's cost formula for its manufacturing overhead is $25,700 per month plus $10 per machine- Eberley hour. For the month of July, the company planned for activity of 5.900 machine-hours, but the actual level of activity was 5,920 machine-hours. The actual manufacturing overhead for the month was $86,800. The manufacturing overhead in the planning budget for July would be closest to: A. $84,900 B. $86,800 C. $84,700 D. $86,507

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