Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

TB MC Qu. 9-286 (Algo) Miguez Corporation makes a product with... Miguex Corporation mokes a product with the following standard costs: The company budgeted for

image text in transcribed
image text in transcribed
TB MC Qu. 9-286 (Algo) Miguez Corporation makes a product with... Miguex Corporation mokes a product with the following standard costs: The company budgeted for prodvction of 2.900 unhs in September, but actual production was 2.800 unis. The cempary used 5.740 iters of direct moterial and 1.710 direct laborhours to produce this output. The company purchased 6,100 liters of the direct material at $7.50 per liter. The actual direct labor rate was $2710 pet hour and the actual variable oveinead fate was $2.20 per bouf. The compony apolies variable overhead on the basls of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased The variable overhed rate variance for Segtember is: The variable overhead rate variance for September is: Muliple Choice $140F sin1 517F 5140U

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

Step: 3

blur-text-image

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

Youre A Golden Auditor Keep It Up

Authors: Auditor Publishing

1st Edition

165805931X, 978-1658059312

More Books

Students also viewed these Accounting questions