167. Pearce CompanyPearce Company uses a standard cost system for its production process. Pearce Company applies overhead based on direct labor hours. The following information is available for July: Standard: Direct labor hours per unit Variable overhead per hour Fixed overhead per hour (based on 11,990 DLHS) 2.20 $2.50 $3.00 Actual: Units produced Direct labor hours 4,400 8,800 Variable overhead Fixed overhead $29,950 $42,300 Refer to Pearce Company Using the four-variance approach, what is the variable overhead spending variance? A. $ 7,950 UB. $ 25 FC. $ 7,975 UD. $10,590 U
167. Pearce CompanyPearce Company uses a standard cost system for its production process. Pearce Company applies overhead based on direct labor hours. The following information is available for July: Standard: Direct labor hours per unit Variable overhead per hour Fixed overhead per hour (based on 11,990 DLHS) 2.20 $2.50 $3.00 Actual: Units produced Direct labor hours 4,400 8,800 Variable overhead Fixed overhead $29,950 $42,300 Refer to Pearce Company Using the four-variance approach, what is the variable overhead spending variance? A. $ 7,950 UB. $ 25 FC. $ 7,975 UD. $10,590 U
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 1EB: Green Bay Cheese Company estimates its overhead to be $375,000. It expects to have 125,000 direct...
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