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Deakin Co. makes lamps. It allocates variable manufacturing overhead costs based on machine hours. (9 marks) Standard machine hours per output 0.8 Standard overhead rate
Deakin Co. makes lamps. It allocates variable manufacturing overhead costs based on machine hours. (9 marks)
Standard machine hours per output | 0.8 |
Standard overhead rate per machine hour | $2.5 |
Actual overhead costs | $21,000 |
Actual machine hours | 14,000 |
Actual output produced | 13,000 |
*Calculate manufacturing overhead spending variance (Indicate F or U)
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