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Hurren Corporation makes a product with the following standard c The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases
Hurren Corporation makes a product with the following standard c
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 efficiency variance for June is:
$3,752 F
$3,752 U
$3,920 F
$3,920 U
Hurren Corporation makes a product with the following standard costs: Standard Quantity orStandard Price or Standard Cost Direct materials Direct labor Variable overhead Hours 4.7 grams 0.7 hours 0.7 hours Rate $2.00 per gram $12.00 per hour $7.00 per hour Per Unit $9.40 $8.40 $4.90 The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials purchased Actual direct labor rate Actual variable overhead rate 6,900 units 6,800 units 28,410 grams 4,200 hours 32,100 grams $2.10 per gram $12.90 per hour $6.70 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 efficlency variance for June is: O $3,752 F O $3,752 Uu O $3,920F O $3,920UuStep by Step Solution
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