Question: Robert Company, which allocates overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced:

 Robert Company, which allocates overhead to production on the basis of

Robert Company, which allocates overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 12,000 Actual variable overhead incurred: $77,770 Actual machine hours worked: 18,800 Standard variable overhead cost per machine hour: $4.50 Robert estimates that it takes 1.5 hours to manufacture a completed unit. Compute all standards & variances. Prepare all journal entries using standard costing. Hint: You must compute over or underallocated VOH SHOW ALL COMPUTATIONS

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