Factory overhead is applied at a rate of $9 per labor hour, of which $6 is variable. The actual variable factory overhead is $32,000. In the current period, 2,500 units are produced at a standard time of 2 labor hours per unit. These units require 5,500 actual labor hours. What is the controllable variance? O $2,000 favorable $1,000 unfavorable $1,000 favorable 0.5 pts $2,000 unfavorable
Factory overhead is applied at a rate of $9 per labor hour, of which $6 is variable. The actual variable factory overhead is $32,000. In the current period, 2,500 units are produced at a standard time of 2 labor hours per unit. These units require 5,500 actual labor hours. What is the controllable variance? O $2,000 favorable $1,000 unfavorable $1,000 favorable 0.5 pts $2,000 unfavorable
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Question 8 Factory overhead is applied at a rate of $9 per labor hour, of which $6 is variable. The actual variable factory overhead is $32,000. In the current period, 2,500 units are produced at a standard time of 2 labor hours per unit. These units require 5,500 actual labor hours. What is the controllable variance? O $2,000 favorable $1,000 unfavorable $1,000 favorable 0.5 pts $2,000 unfavorable
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