ing income? Question 11 Shawl Corporation's varialble overhead is applied on the basis of direct labor-hours....
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ing income? Question 11 Shawl Corporation's varialble overhead is applied on the basis of direct labor-hours. The siandard cost card for product F02E specifies 5.5 © 2021 Penn Foster Managerial Accounting (v3) : Lesson 5: Page 8 Inc. direct labor-hours per unit of F02E. The standard variable overhead rate is $6.80 per direct labor-hour. During the most recent month, 1,560 units of product F02E were made, and 8,700 direct labor-hours were worked. The actual variable overhead incurred was $52,635. Required: A. What was the variable overhead rate variance for the month? B. What was the variable overhead efficiency variance for the month? Question 12 ing income? Question 11 Shawl Corporation's varialble overhead is applied on the basis of direct labor-hours. The siandard cost card for product F02E specifies 5.5 © 2021 Penn Foster Managerial Accounting (v3) : Lesson 5: Page 8 Inc. direct labor-hours per unit of F02E. The standard variable overhead rate is $6.80 per direct labor-hour. During the most recent month, 1,560 units of product F02E were made, and 8,700 direct labor-hours were worked. The actual variable overhead incurred was $52,635. Required: A. What was the variable overhead rate variance for the month? B. What was the variable overhead efficiency variance for the month? Question 12
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Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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