Aretha Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor
Question:
Standard variable overhead rate (SVOR) per direct labor hour .....$ 3.70
Standard hours (SH) allowed per unit 4 Actual production ......14,000
Actual variable overhead costs ................$ 206,816
Actual direct labor hours .....................56,200
Required:
1. Calculate the actual variable overhead rate (AVOR).
2. Calculate the applied variable overhead.
3. Calculate the total variable overhead variance.
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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