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Bulluck Corporation makes a product with the following standard costs: Standard Quantity or Hours 3.5 grams 0.7 hours 0.7 hours The company reported the following

Bulluck Corporation makes a product with the following standard costs: Standard Quantity or Hours 3.5 grams 0.7 hours 0.7 hours The company reported the following results concerning this product in July. Direct materials Direct labor Variable overhead Actual output Raw materials used in production Actual direct labor-hours 3,000 units 11,370 grams 1,910 hours 12,100 grams $ 1.20 per gram $11.40 per hour $ 2.10 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. Purchases of raw materials Actual price of raw materials purchased Actual direct labor rate Actual variable overhead rate The labor efficiency variance for July is: Multiple Choice O $2,090 F $2,166 U $2,090 U Standard Price or $2,166 F Rate $ 1.00 per gram $11.00 per hour $ 2.00 per hour
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Bulluck Corporation makes a product with the following standard costs: The company reported the following results concerning this product in July. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases varlance is computed when the materials are purchased. The labor efficiency variance for July is Mumple choice 52.090F 52.366U 52.000U 52356F

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