FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its
variable manufacturing overhead standards on direct labor-hours.
Standard hours per unit of output
3.00 DLH3
Standard variable overhead rate
$10.75 per DLH
The following data pertain to operations for the last month:
Actual direct labor-hours
9,600 DLHS
Actual total variable manufacturing overhead cost
Actual output
$95,760
2,500 units
What is the variable overhead efficiency variance for the month?
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Transcribed Image Text:A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 3.00 DLH3 Standard variable overhead rate $10.75 per DLH The following data pertain to operations for the last month: Actual direct labor-hours 9,600 DLHS Actual total variable manufacturing overhead cost Actual output $95,760 2,500 units What is the variable overhead efficiency variance for the month?
What is the variable overhead efficiency variance for the month?
Multiple Cholce
$22,575 U
$6,433 F
$6,752 U
$6,433 U
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Transcribed Image Text:What is the variable overhead efficiency variance for the month? Multiple Cholce $22,575 U $6,433 F $6,752 U $6,433 U
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