The following budget data pertain to the Machining Departmen…

The following budget data pertain to the Machining Department of Grind Company: Maximum capacity 60,000 units Machine hours per unit 2.50   Variable factory overhead $ 3.60 per machine hour Fixed factory overhead $ 433,500   The company prepared the budget at 85% of the maximum capacity level. The department uses machine hours as the basis for applying standard factory overhead costs to production (outputs).The standard fixed overhead application rate for the Machining Department (to two decimal places) is:

Creepers, Incorporated, manufactures stuffed spiders and mum…

Creepers, Incorporated, manufactures stuffed spiders and mummies. During September the following information was gathered:   Spiders Mummies Units sold 6,900 3,100 Budgeted sales (units) 7,500 2,500 Contribution margin per unit:     Actual $ 3.75 $ 5.75 Budgeted $ 2.75 $ 5.25 What is the sales quantity variance for Spiders?

The following budget data pertain to the Machining Departmen…

The following budget data pertain to the Machining Department of Grind Company: Maximum capacity 60,000 units Machine hours per unit 2.50   Variable factory overhead $ 3.60 per machine hour Fixed factory overhead $ 433,500   The company prepared the budget at 85% of the maximum capacity level. The department uses machine hours as the basis for applying standard factory overhead costs to production.The budgeted total factory overhead for the Machining Department is: