15 58 four variance analysis

ResearchPaperWriters.com has established itself as the best academic writing website through a combination of well-furnished writers, highly-rated custom research paper writing services, top-level writers, discounts, punctual delivery, and 24/7 support. These facets come together to create a platform that not only meets but often exceeds the academic writing needs of its clients. Whether you are a student grappling with tight deadlines or a researcher in need of in-depth, well-researched papers, ResearchPaperWriters.com is the pinnacle of academic writing excellence, ready to provide you with top-tier services and exceptional results. At the core of ResearchPaperWriters.com’s success are its well-furnished writers. The platform prides itself on the caliber of its writers, who are highly qualified professionals with expertise in various academic fields. These writers have a deep understanding of the intricacies and requirements of different academic disciplines, ensuring that each project is handled with the utmost care and competence. Their proficiency in conducting thorough research and crafting well-structured, academically rigorous papers is the cornerstone of the website’s success.

15- 58 Four Variance Analysis

Able Control Company which manufactures electrical switches uses a standard cost system and carries all inventories at the standard cost. The standard factory overhead cost per switch is based on direct labor hours:

Variable Overhead                        (5 hours at $8.00/hour)                            $ 40.00

Fixed Overhead                             (5 hours at $12.00/hour)                          $ 60.00

Total Standard overhead cost per unit produced                                           $100.00

The following information is for the month of October:

·         The company produced 56,000 switches, although 60,000 switches were schedule to be produced.

·         The company worked 275,000 direct labor hours at a total cost of $2,550,000.

·         Variable Overhead costs were $2,340.000.

·         Fixed Overhead Costs were $3,750,000.

The production manager argued during the last performance review that the company should use a more up-to-date charging factory overhead cost to production. She commented that her factory had been automated in the last two years and as a result now has hardly any direct labor. The factory hires only highly skilled workers to set up production runs and to do periodic adjustments of machinery whenever the need arises.

 

Required

1.    Compute the following for Able Control Company:

a.    The fixed overhead spending variance for October.

b.    The production-volume variance for October.

c.    The Variable overhead spending variance for October.

d.    The variable overhead efficiency variance for October.

 

2.    Comment on the implications of the variance and suggest any action that the company should take to improve its operations.

 

 

 

 

ResearchPaperWriters.com’s pool of top-level writers is a testament to its dedication to quality. The website carefully selects its writers, ensuring they possess advanced degrees and a proven track record of academic writing excellence. This commitment to excellence translates into papers that not only meet but often exceed the expectations of clients, contributing to the platform’s well-deserved reputation as the best in the business. Affordability is another key aspect that makes ResearchPaperWriters.com the best academic writing website. The platform understands the financial constraints that students often face and strives to provide cost-effective solutions. Clients can benefit from discounts and bonuses that help make these high-quality services accessible. These financial incentives, in conjunction with exceptional writing quality, make ResearchPaperWriters.com the go-to choice for academic assistance.

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.

/by