Ramathan Company produced 6,000 units of Product Y, which is 80% of capacity. Each unit required 0.25
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Ramathan Company produced 6,000 units of Product Y, which is 80% of capacity. Each unit required 0.25 standard machine hour for production. The standard variable factory overhead rate is $5 per machine hour. The actual variable factory overhead incurred during the period was $8,000. The variable factory overhead controllable variance is:
a. $500 favorable.
b. $500 unfavorable.
c. $1,875 favorable.
d. $1,875 unfavorable.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337902663
15th Edition
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
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