Mary correctly completed the material variances for the lamp shades and the overhead variances. Her work is
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Mary correctly completed the material variances for the lamp shades and the overhead variances. Her work is correct however, in reviewing her work the standards were crossed out. The total material price variance for the lamp shades purchased: $80.00 Unfavorable The variable overhead efficiency variance: $315.36 Unfavorable The variable OH spending variance: $232.20 Favorable The fixed OH volume (denominator) variance: $160.16 Unfavorable The fixed OH spending variance: $753.37 Unfavorable
Actual Variable Overhead $ 1,161.00
Actual Fixed Overhead $ 40,873.45
What was the monthly expected production of customized lamps | 21.05 | ||||||||
that was used to determine the standard fixed overhead rate? |
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073398242
11th edition
Authors: Ferdinand Beer, E. Russell Johnston Jr., David Mazurek, Phillip Cornwell, Brian Self
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