Solved

Answer the Following Questions Using the Information Below:
Fearless Frank's

Question 127

Multiple Choice

Answer the following questions using the information below:
Fearless Frank's Fertiliser Farm produces fertiliser and distributes the product by using his tanker trucks.Frank's uses budgeted fleet hours to allocate variable manufacturing overhead.The following information pertains to the company's manufacturing overhead data:
 Budgeted output urits 450 truckloads  Budgeted fleet hours 350 hours  Budgeted kilos of fertiliser 12000000 kilos  Budgeted variable manufacturing overhead costs for 450 loads $50000 Actual output units produced and delivered 470 truckloads  Actual fleet hours 327 hours  Actual kilos of fertiliser produced and delivered 12600000 kilos  Actual variable manufacturing overhead costs $52250\begin{array}{lr}\text { Budgeted output urits } & 450 \text { truckloads } \\\text { Budgeted fleet hours } & 350 \text { hours } \\\text { Budgeted kilos of fertiliser } & 12000000 \text { kilos } \\\text { Budgeted variable manufacturing overhead costs for } 450 \text { loads } & \$ 50000\\\\\text { Actual output units produced and delivered } & 470 \text { truckloads } \\\text { Actual fleet hours } & 327 \text { hours } \\\text { Actual kilos of fertiliser produced and delivered } & 12600000 \text { kilos } \\\text { Actual variable manufacturing overhead costs } & \$ 52250\end{array}
-What is the flexible-budget amount for variable manufacturing overhead?


A) $52 250
B) $52 222
C) $50 000
D) $40 000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q122: Overhead costs are a major part of

Q123: The planning of fixed overhead costs differs

Q124: Answer the following questions using the

Q125: Variable overhead costs are,by definition,a lump sum

Q126: Fixed and variable cost variances can _

Q128: Which of the following is TRUE about

Q129: Accurate-time Company makes watches.The fixed overhead costs

Q130: Answer the following questions using the

Q131: What can the fixed overhead cost variance

Q132: Answer the following questions using the