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Flexible Budgets and Overhead Analysis E11-8 3

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Flexible Budgets and Overhead Analysis E11-8 3. Compute the variable overhead spending and efficiency variances and the fixed over- head budget and volume variances for 19x3. Selected information relating to Yost Company's operations for 19x6 is given below: Activity: Denominator activity (machine-hours). 45,000 Standard hours allowed per unit 3 Number of units produced. 14,000 Costs: Actual fixed overhead costs incurred $267,000 Fixed overhead budget variance 3,000 F The company applies overhead cost to products on a basis of machine-hours. 1. What were the standard hours allowed for 19x6 production? 2. What was the fixed portion of the predetermined overhead rate for 19x6? 3. What was the volume variance for 19x6? Required

Saved Help Save & Exit Subm Bringham Company issues bonds with a par value of $530,000. The bonds mature in 5 years and pay 10% annual interest in semiannual payments. The annual market rate for the bonds is 12%. (Table B.1. Table B.2. Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list Journal entry worksheet < 1 Record the issuance of the bonds for cash. Note: Enter debits before credits Debit Credit Transaction General Journal View general Journal Clear entry Record entry < Required 1