Question
Lima Parts, Inc., shows the following overhead information for the current period: Actual overhead incurred (3/4 is variable) $ 59800 Budgeted fixed overhead $ 17780
| Lima Parts, Inc., shows the following overhead information for the current period: |
| Actual overhead incurred (3/4 is variable) | $ 59800 |
| Budgeted fixed overhead | $ 17780 |
| Standard variable overhead rate per direct labor-hour | $ 15 |
| Standard hours allowed for actual production | 2850 hours |
| Actual labor-hours used | 3200 hours |
| What is the variable overhead price variance? |
| What is the variable overhead efficiency variance? |
| What is the fixed overhead price/spending variance? |
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Government Audit An Effective Tool For The Anti Corruption Struggle In The New Era Of Chinas Governance
Authors: Bowen Zou, Yanzhe Dr. Zhang, Yang Dr. ZHAO, Jian Dr. Zhang
1st Edition
1844646068, 978-1844646067
