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  • Kronstedt Corporation Has A Standard Cost System in Which It Applies Manufacturing

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    Bisag Asa
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    The document provides data for three different companies - Kronstedt Corporation, Bullins Corporation, and Aase Corporation - and asks three separate multiple choice questions about overhead variances for each company based on standard costing systems that use standard machine hours to apply manufacturing overhead. The questions ask about the variable overhead rate variance for Kronstedt, the fixed manufacturing overhead budget variance for Bullins, and the total of the variable overhead rate and fixed manufacturing overhead budget variances for Aase.

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    Kronstedt Corporation has a standard cost system in which it applies manufacturing

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    The document provides data for three different companies - Kronstedt Corporation, Bullins Corporation, and Aase Corporation - and asks three separate multiple choice questions about overhead variances for each company based on standard costing systems that use standard machine hours to apply manufacturing overhead. The questions ask about the variable overhead rate variance for Kronstedt, the fixed manufacturing overhead budget variance for Bullins, and the total of the variable overhead rate and fixed manufacturing overhead budget variances for Aase.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    63 views2 pages

    Kronstedt Corporation Has A Standard Cost System in Which It Applies Manufacturing

    Uploaded by

    Bisag Asa
    The document provides data for three different companies - Kronstedt Corporation, Bullins Corporation, and Aase Corporation - and asks three separate multiple choice questions about overhead variances for each company based on standard costing systems that use standard machine hours to apply manufacturing overhead. The questions ask about the variable overhead rate variance for Kronstedt, the fixed manufacturing overhead budget variance for Bullins, and the total of the variable overhead rate and fixed manufacturing overhead budget variances for Aase.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Kronstedt Corporation has a standard cost system in

    which it applies manufacturing


    overhead to products on the basis of standard machine-
    hours (MHs). The company has
    provided the following data for the most recent month:
    What was the variable overhead rate variance for the
    month?
    A. $710 unfavorable
    B. $1,340 unfavorable
    C. $630 favorable
    D. $3,000 unfavorable
    49. Bullins Corporation has a standard cost system in
    which it applies manufacturing
    overhead to products on the basis of standard machine-
    hours (MHs). The company has
    provided the following data for the most recent month:
    What was the fixed manufacturing overhead budget
    variance for the month?
    A. $4,000 unfavorable
    B. $1,440 favorable
    C. $1,440 unfavorable
    D. $4,000 favorable
    50. Aase Corporation has a standard cost system in
    which it applies manufacturing
    overhead to products on the basis of standard machine-
    hours (MHs). The company has
    provided the following data for the most recent month:
    What was the total of the variable overhead rate and
    fixed manufacturing overhead
    budget variances for the month?
    A. $2,040 favorable
    B. $600 unfavorable

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