Question
Actual data: Produced 11,000 units using 27,200 DL hrs and Actual VOH of 60,000 and actual FOH of 15,000. What is the variable efficiency variance?
Actual data: Produced 11,000 units using 27,200 DL hrs and Actual VOH of 60,000 and actual FOH of 15,000. What is the variable efficiency variance?
Data are as follows; Estimated units of production is 10,000 units Estimated Total OH is 76,000 Estimated Fixed OH is 20,000 SD DL hrs per unit is 2.5 hrs www.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the Variable Efficiency Variance VEV you can use the following formula VEV Actual DL H...
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Step: 2
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
