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17. value: 1.00 points TB MC Qu. 11-164 The Maxwell Corporation has a standard costing... The Maxwell Corporation has a standard costing system in which
17. value: 1.00 points TB MC Qu. 11-164 The Maxwell Corporation has a standard costing... The Maxwell Corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. The following data are available for July: Actual variable manufacturing overhead cost incurred: $34,830 Actual machine-hours worked: 1,250 hours Variable overhead rate variance: $3,580 Unfavorable Total variable overhead spending variance: $7,705 Unfavorable The variable overhead efficiency variance for July is: O $11,285 Unfavorable $11,285 Favorable 0 $4,125 Unfavorable 0 $4,125 Favorable
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