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Any help would be greatly appreciated. Thanks. Miguez Corporation makes a product with the following standard costs: The company budgeted for production of 2,700 units
Any help would be greatly appreciated. Thanks. Miguez Corporation makes a product with the following standard costs: The company budgeted for production of 2,700 units in September, but actual production was 2,600 units. The company used 5,540 liters of difect material and 1,690 direct labor-hours to produce this output. The company purchased 5,900 liters of the direct material at $7.30 per liter. The actual ditect labor rote was $25.10 per hour and the actual variable overhead rate was $1.80 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased The variable overhead rate varionce for September is: The variable overhead rate variance for September is: Multiple Cholce $390U $390F $507F $507U
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