The Singapore division of a Canadian telecommunications companyuses standard cos

Question

The Singapore division of a Canadian telecommunications companyuses standard costing for its machine pace production telephoneequipment. Data regarding production during June are asfollows:

$155,100                                       Variablemanufacturing overhead costs incurred

$12 per standard machinehours     Variable manufacturing overheadcost rate

$401,000                                       FixedManufacturing overhead cost incurred

$390,000                                       FixedManufacturing overhead cost budgeted

13,000                                          Denominator level in machine-hours

0.30                                             Standard machine-hour allowed per unit of output

41,000                                          Unitsof output

13,300                                          Endingwork in progress

1. Prepare an analysis of all manufacturingoverhead variances. Use the 4 variances analysis frameworkillustrate in Exhibit 8-4 (pg 276)

2. Prepare journal entries for manufacturing overhead costs andtheir variances.

3. Describe how individual variable manufacturing overhead itemsare controlled from day to day)

      (Static budgeting wherelevel of output planned at beginning of period

      (Flexible budget whichcomputes budgeted costs and budgeted revenues based on actualoutput during budgeted period)

4. Discuss possible causes of variables manufacturing overheadvariances.

   (Possible adjustments in output)

   (Possible product design flaws)

   (Possible Increases in hourly wages duringincreased production during overtime)

Please help. Thank you in advance for any assistance. It isgreatly appreciated!

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can someone pleas help me in this qustion ?

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