Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Russo Corporation manufactured 23,000 air conditioners during November. The overhead cost-allocation base is $35.25 per machine-hour. The following variable overhead data pertain to November: Actual

image text in transcribed
Russo Corporation manufactured 23,000 air conditioners during November. The overhead cost-allocation base is $35.25 per machine-hour. The following variable overhead data pertain to November: Actual Budgeted Production 23,000 units 25,000 units Machine-hours 11,425 hours 12,500 hours Variable overhead cost per machine-hour $35.00 $35.25 What is the total variable overhead variance? (Hint: to compute the machine-hours allowed per unit produced, divide the budgeted machine-hours by the budgeted production.) O A. $2,643.75 favorable B. $2,643.75 unfavorable C. $5,500.00 favorable D. $5,500.00 unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing The Art and Science of Assurance Engagements

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones

13th Canadian edition

133405508, 978-0133405507

More Books

Students also viewed these Accounting questions