Question
Standard variable overhead rate per hour: 1 Standard labour hour to produce product: $4 Actual variable manufacturing overhead rate per hour: $4 Actual variable manufacturing
Standard variable overhead rate per hour: 1
Standard labour hour to produce product: $4
Actual variable manufacturing overhead rate per hour: $4
Actual variable manufacturing overhead: $52,080
Amount of units produced from product: 12,400
Amount of standard hours to produce product: 12,400
What is the rate variance?
What is the efficiency variance?
What is the total material variance?
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Financial & Managerial Accounting
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
15th Edition
0073526991, 9780073526997
