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OH variances Nelson Co. manufactures a product that requires 3.5 machine hours per unit. The variable and fixed overhead rates were computed using expected capacity

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OH variances Nelson Co. manufactures a product that requires 3.5 machine hours per unit. The variable and fixed overhead rates were computed using expected capacity of 172,800 units (produced evenly throughout the year) and expected variable and fixed overhead costs, respectively, of $2,419.200 and 54,233.600. In October, Nelson manufactured 14.280 units using 50,160 machine hours. October variable overhead costs were 5198,000: fixed overhead costs were $353.400 a What are the standard variable and fixed overhead rates Standard VOR o per MH Standard Fores Der MH b. Compute the variable overhead wariances Note: Do not use a negative sign with your answer Vendine varande 0 VoH fidency variances Total VOHV 5 c. Compute the fixed overhead variances Note: Do not use a negative in with your answer FOH sendinances 0 For volume van 5 0 Totowance 5 O

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