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Scion Company manufactures jeans. In June, Scion made 6 2 5 pairs of jeans, but had budgeted production at 8 0 0 pairs of jeans.
Scion Company manufactures jeans. In June, Scion made pairs of jeans, but had budgeted production at pairs of jeans. The allocation base for overhead costs is direct labor hours. The following additional data is available for the month: Round intermediary calculations to two decimal places and final answers to the nearest whole dollar, $ Enter a for any zero balances. For any $ variances, enter NA for the label. Abbreviation used: DLHr per hour of direct labor.
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Calculate the following variances:
Variance
tableAmountThe variable overhead cost variance isThe variable overhead efficiency variance isThe total variable overhead variance isThe fixed overhead cost variance is
Additional Data
tableVariable overhead cost standard,$ per DLHrDirect labor efficiency standard, DLHr per jeanActual amount of direct labor hours,
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