March 18,000 000 a. true b. false al rate of retura udim inv R7. 50) A favorable labor rate variance indicates that A) actual hours exceed standard hours. B) standard hours exceed actual hours. C) the actual rate exceeds the standard rate. D) the standard rate exceeds the actual rate. A) $70,400 B) $60,100 C) $80,700 D) $110,100 2010 Scantron Corpo 49) If a company closes any underapplied or overapplied manufacturing overhead to the Cost of Goods Sold account, then Cost of Goods Sold will be debited if manufacturing overhead is overapplied for the period. ACG203- Final Exam Rate x Mijn requiered Elum SUBJECTIVE SCORE INSTRUCTOR USE ON 100 90 -80 70- 60 50 40 30 20 10 283 c93

thined. a tae b. take A) acted houn exceed standart houn. B. standard houn erceed actask hour. D) the standard rake encteth the octul rate. nibe of that propet is posere. a. tur (A. taise. monith? A) $70,400 g) $50,100 C) $80,700 D) $110,100