The following data has been provided by the Gerlach Corporation, a company that produces forklifts budgeted production 1,900 trucks Standard machine hours per truck 8 6 machine hours Standard Supply Cost $4 20 per machine hour Current production 2000 trucks Actual machine hours 16,970 machine hours...

Budgeted production 1900 trucks Standard machinehours per truck 86 machine hours Actual machineho ...

The following data has been provided by the Gerlach Corporation, a company that produces forklifts: budgeted production

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The following data has been provided by the Gerlach Corporation, a company that produces forklifts:

budgeted production	1,900 trucks
Standard machine-hours per truck	8.6 machine hours
Standard Supply Cost	$4.20 per machine hour
Current production	2000 trucks
Actual machine-hours	16,970 machine hours
Actual cost of supplies (total)	$78,137

The cost of supplies is an element of variable manufacturing overhead.

Find the variable overhead efficiency variance for the cost of supplies.

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Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

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Posted Date: Jul 12, 2023 06:23 AM

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The following data has been provided by the Gerlach Corporation, a company that produces forklifts: budgeted production

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