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19 16 points) The Fork Company uses a standard cost system in which overhead costs are applied to products on the basis of direct labor-hours

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19 16 points) The Fork Company uses a standard cost system in which overhead costs are applied to products on the basis of direct labor-hours (DLHs). The following data applied to the company's activities for the month of June: Actual fixed overhead cost incurred Budgeted activity Number of units completed Fixed overhead budget variance Standard direct labor-hours per unit $161,450 50,000 DLHS 21,000 units $11,450 Unfavorable 3 DLHS The production volume variance for June is: Example of Answer: 4000U 4000F (No comma, space, decimal point, or $ sign) A Question 20 (6 points) The Dadoe Comnany makes and sells a single product and uses a standard cost Jane Glass Works uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor-hours. Each unit requires two standard hours of labor for completion. The activity for the year was based on budgeted production of 200,000 units. Total overhead was budgeted at $900,000 for the year, and the fixed overhead rate was $3.00 per unit. The actual data pertaining to the manufacturing overhead for the year are presented below: 198,000 units direct labor 440,000 hours Actual production Actual direct labor hours Actual variable overhead Actual fixed overhead $352.000 $575.000 Jane's variable overhead efficiency variance for the year is: a) $33,000 unfavorable. Ob) $35,200 favorable. c) $35.200 unfavorable. Jane's variable overhead efficiency variance for the y a) $33,000 unfavorable. b) $35,200 favorable. c) $35,200 unfavorable. d) $33,000 favorable. nintel Saved

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