COMM 305 Chapter Notes - Chapter 12: Fixed Cost, Al-Qaeda In The Arabian Peninsula

• School: Concordia University
• Department: Commerce
• Course: COMM 305
• Professor: Ibrahim Aly

Document Summary

Tlv = (ah ar) (sha sr) Tlv = (4,100 . 40) ((2,000 2) . 00) = ,040 ,000 = ,040 u. Total overhead variance= ,300 ,000* = ,700 favourable. = ,000 (3) variable overhead cost applied (4) fixed overhead cost applied. = 2,000 hours = ,000 (5) overhead volume variance. *,500 per hour = 2,300 hours (b) Number of loans processed = standard hours allowed . = 1,000 loans processed (cid:230) (cid:231) (cid:231) (cid:231) (cid:246) (cid:247) (cid:247) (cid:247) Problem 12-40a (a) number of units = total standard material cost standard cost/unit. Number of units = ,000 . 00 (6 kg per kg) = 22,500 (b) aq = [(sq sp) quantity variance] sp. Aq = (,000 + ,000) . 00 per kg = 138,000 kilograms (c) ap = [(aq sp) price variance] aq. Ap = [(138,000 ) ,900] = ,100 138,000 kg = . 95/kg (d) ah = [(sh sr) efficiency variance] sr.