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8 pts Question 5 Sassy's Surfboards produces lightweight surfboards. The company applies variable overhead costs to jobs based on machine hours. The company's predetermined variable
8 pts Question 5 Sassy's Surfboards produces lightweight surfboards. The company applies variable overhead costs to jobs based on machine hours. The company's predetermined variable overhead rate is $15 per machine hour, and it is estimated that the company's lone machine can produce 10 boards per hour. For August, the company produced 2000 boards and the machine was active for 180 machine hours. The company's variable manufacturing overhead cost for the month was $2,500. Required: Compute the company's variable manufacturing overhead spending and efficiency variances. The MOH spending variance is $ and is (favorable/unfavorable) The MOH efficiency variance is $ and is (favorable/unfavorable)
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