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Item 3 The following data have been provided by Liggett Corporation: Budgeted production 7 , 4 0 0 units Standard machine - hours per unit
Item The following data have been provided by Liggett Corporation: Budgeted production units Standard machinehours per unit machinehours Standard lubricants rate $ per machinehour Standard supplies rate $ per machinehour Actual production units Actual machinehours total machinehours Actual lubricants cost total $ Actual supplies cost total $ Lubricants and supplies are both elements of variable manufacturing overhead. The variable overhead rate variance for lubricants is closest to: $ F $ F $ U $ U
Item
The following data have been provided by Liggett Corporation:
Budgeted production units
Standard machinehours per unit machinehours
Standard lubricants rate $ per machinehour
Standard supplies rate $ per machinehour
Actual production units
Actual machinehours total machinehours
Actual lubricants cost total $
Actual supplies cost total $
Lubricants and supplies are both elements of variable manufacturing overhead.
The variable overhead rate variance for lubricants is closest to:
$ F
$ F
$ U
$ U
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