{"id":17068,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/tarlight-glassware-company-following-standards-and-flexible-budget-data"},"modified":"2017-06-05T17:02:12","modified_gmt":"2017-06-05T17:02:12","slug":"tarlight-glassware-company-following-standards-and-flexible-budget-data","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/tarlight-glassware-company-following-standards-and-flexible-budget-data\/","title":{"rendered":"Tarlight Glassware Company following standards and flexible-budget data."},"content":{"rendered":"<p>Tarlight Glassware Company following standards and flexible-budget data.<\/p>\n<p>Tarlight Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate $ 6.00 per direct-labor hour Standard quantity of direct labor 2 hours per unit of output Budgeted fixed overhead $ 96,000 Budgeted output 24,000 units Actual results for February are as follows: Actual output 19,000 units Actual variable overhead $ 304,000 Actual fixed overhead $ 92,000 Actual direct labor 45,000 hours Required: Use the variance formulas to compute the following variances. (Indicate the effect of each variance by selecting &#8220;Favorable&#8221; or &#8220;Unfavorable&#8221;. Select &#8220;None&#8221; and enter &#8220;0&#8221; for no effect (i.e., zero variance).) Variable overhead spending variance Variable overhead efficiency variance Fixed overhead budget variance Fixed overhead volume variance<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tarlight Glassware Company following standards and flexible-budget data. Tarlight Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate $ 6.00 per direct-labor hour Standard quantity of direct labor 2 hours per unit of output Budgeted fixed overhead <a href=\"https:\/\/www.benedictsol.com\/blogs\/tarlight-glassware-company-following-standards-and-flexible-budget-data\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17068","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/17068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=17068"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/17068\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=17068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=17068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=17068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}