Question
In October, Pine Company reports 20,300 actual direct labor hours, and it incurs $125,200 of manufacturing overhead costs. Standard hours allowed for the work done
In October, Pine Company reports 20,300 actual direct labor hours, and it incurs $125,200 of manufacturing overhead costs. Standard hours allowed for the work done is 24,400 hours. The predetermined overhead rate is $4.88 per direct labor hour. Compute the total overhead variance.
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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