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QUESTION O USE THE FOLLOWING INFORMATION TO ANSWER PROBLEMS 3.3.0.1.3.5, 3.6.1.3.6. und 3.c.1 XX Company makes watches. It uses a standard cost system and carries
QUESTION O USE THE FOLLOWING INFORMATION TO ANSWER PROBLEMS 3.3.0.1.3.5, 3.6.1.3.6. und 3.c.1 XX Company makes watches. It uses a standard cost system and carries will inventories at standard. The standard manufacturing overhead costs per wichure based on direct labor hours and are shown below: Variable overhead ( hours @ $12 per direct manufacturing labor hour) S60 The following information is available: . 46,000 switches were produced although 40,000 switches were scheduled to be produced. 225,000 direct manufacturing labor hours were worked. Actual variable manufacturing overhead costs were $2,755,000 Actual fixed manufacturing overhead costs were $2,950,000, while the budgeted fixed manufacturing overhead were $2,900,000. Required: 3.. The efficiency variance for variable overhead is s.. QUESTION 10 Problem 3.a. 1. The variance type in problem 3.a above is: Favorable F Unfavorable (U)
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