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Using the one-variance approach, what is the total overhead variance? * (1 Point) Sample format: 1,111.11 F or 1,111.11 U NUBD Co. uses a standard
Using the one-variance approach, what is the total overhead variance? * (1 Point) Sample format: 1,111.11 F or 1,111.11 U NUBD Co. uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for August when NUBD made 4,500 units: Standard: DLH per unit Variable overhead per DLH Fixed overhead per DLH Budgeted variable overhead Budgeted fixed overhead 2.50 P1.75 P3.10 P21,875 P38,750 Actual: Direct labor hours Variable overhead Fixed overhead 10,000 P26,250 P38,000 Using the four-variance approach, what is the variable overhead spending variance? * (1 Point) Sample format: 1,111 F or 1,111 U NUBD uses a standard cost system for its production process. NUBD applies overhead based on direct labor hours. The following information is available for July: Standard: Direct labor hours per unit 2.20 Variable overhead per hour P2.50 Fixed overhead per hour (based on 11,990 DLHS) P3.00 Actual: Units produced 4,400 Direct labor hours 8,800 Variable overhead P29,950 Fixed overhead P42,300 Assuming that NUBD uses a three-way analysis of overhead variances, what is the overhead spending variance? * (1 Point) Sample format: 1,111 F or 1,111 U The following information is available from the NUBD Company: Actual OH P15,000 Fixed OH expenses, actual P7,200 Fixed OH expenses, budgeted P7,000 Actual hours 3,500 Standard hours 3,800 Variable OH rate per DLH P2.50
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