The following information is available for Harrisons Hot Dogs: Actual production......... 12,320 packages Budgeted production ........12,500 packages

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The following information is available for Harrison’s Hot Dogs:

Actual production......... 12,320 packages

Budgeted production ........12,500 packages

Standard direct labor hours..... 1.5 direct labor hours per package

Actual direct labor hours...... 19,500

Standard variable overhead rate.... $3 per direct labor hour

Actual variable overhead costs..... $50,000

Required

Calculate the variable overhead spending and efficiency variances.

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Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: Feb 21, 2014 03:41 AM

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The following information is available for Harrisons Hot Dogs: Actual production......... 12,320 packages Budgeted production ........12,500 packages

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AQ AP AQ SP SQ SP 19500 DLH 3DLH 12320 p...View the full answer

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