A manufacturing company that has a single product has established the following standards for its variable manufacturing
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Question:
A manufacturing company that has a single product has established the following standards for its variable manufacturing overhead costs. Variable overhead cost standards are based on machine-hours. Standard hours per unit of production 3.90 machine-hours Standard variable overhead rate $11.25 per machine-hour The following data is for last month's operations: Actual hours 8,800 machine-hours Actual total manufacturing variable overhead $95,850 Actual production 2,200 units
What is the variable overhead efficiency variance for the month?
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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