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E10-26 Charlotte Fabricating applies variable overhead to products on the basis of standard direct labor hours. Presented is selected information for last month when 10,000

image text in transcribed E10-26
Charlotte Fabricating applies variable overhead to products on the basis of standard direct labor hours. Presented is selected information for last month when 10,000 units were produced. Solve for items "a" through" h." Following are ten unrelated situations that would ordinarily be expected to affect one or more variances: 1. A salaried production supervisor is given a raise, but no adjustment is made in the labor cost standards. 2. The materials purchasing manager gets a special reduced price on raw materials by purchasing a train carload. A warehouse had to be rented to accommodate the unusually large amount of raw materials. The rental fee was charged to Rent Expense a fixed overhead item

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