Mulliner Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor
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Question:
Mulliner Company showed the following information for the year:
Standard variable overhead rate (SVOR) per direct labor hour $3.50
Standard hours (SH) allowed per unit 3
Actual production in units 20,000
Actual variable overhead costs $220,500
Actual direct labor hours 61,200
Required:
1. Calculate the standard direct labor hours for actual production.
2. Calculate the applied variable overhead. $
3. Calculate the total variable overhead variance. Enter amounts as positive numbers and select Favorable or Unfavorable. $
Related Book For
Managerial Accounting The Cornerstone of Business Decision Making
ISBN: 978-1337115773
7th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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