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a. What variable manufacturing overhead cost would be included in the companys flexible budget for March? b What is the variable overhead efficiency variance for
a. What variable manufacturing overhead cost would be included in the companys flexible budget for March?
b What is the variable overhead efficiency variance for March?
Required information The Foundational 15 (Algo) [LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] [The following Information applles to the questions displayed below.] Preble Company manufactures one product. Its varlable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: The company also estabilshed the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 30,000 unlts. However, during March the company actually produced and sold 34,500 units and Incurred the following costs: a. Purchased 150,000 pounds of raw materlals at a cost of $9.20 per pound. All of this materlal was used in production. b. Direct-laborers worked 62,000 hours at a rate of $17.00 per hour. c. Total varlable manufacturing overhead for the month was $390,600. d. Total advertising, sales salarles and commissions, and shipping expenses were $280,000,$490,000, and $185,000, respectivelyStep by Step Solution
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