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21. Cricket Inc. uses a standard cost accounting system and applies manufacturing overhead based on machine hours. The machine hour quantity standard is 25 hours
21. Cricket Inc. uses a standard cost accounting system and applies manufacturing overhead based on machine hours. The machine hour quantity standard is 25 hours per unit. Here are data regarding the current year:
(LOOK AT CHART IN PICTURE)
What additional information is require to compute both the variable manufacturing overhead rate and efficiency variances?
Cricket Inc. uses a standard cost accounting system and applies manufacturing overhead based on machine hours. The machine hour quantity standard is 25 hours per unit. Here are data regarding the current year: What additional information is required to compute both th nanufacturing overhead rate and efficiency variances? Actual machine hours Standard machine hours allowed Standard cost allowed No additional information is required None of the aboveStep by Step Solution
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