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QUESTION 1 (PART A) 8 points S Bahrain Corporation manufactured 30,000 clocks during September. The overhead cost-allocation base is $11.25 per machine-hour. The following
QUESTION 1 (PART A) 8 points S Bahrain Corporation manufactured 30,000 clocks during September. The overhead cost-allocation base is $11.25 per machine-hour. The following variable overhead data pertain to September: .Actual Production 30,000 units " B Budgeted Production 24,000 units Actual Machine-hours 15,000 hours Budgeted Machine-hours 10,800 hours Actual Variable overhead cost per machine-hour: $11.00 Budgeted Variable overhead cost per machine-hour $11.25 REQUIRED: (i) Compute the variable overhead spending variance. (ii) Compute the variable overhead efficiency variance. (PART B) The following information for September overhead expenditures is available: Budgeted output units 3,200 units Budgeted fixed manufacturing overhead $20,000 Budgeted variable manufacturing overhead $5 per direct labor hour Budgeted direct manufacturing labor hours is 2 hours per unit Actual fixed manufacturing costs incurred $26,000 Actual direct manufacturing labor hours used 7,200 Actual variable manufacturing costs incurred $35,600; Actual units produced 3,400. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window Save and Sul
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