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xyz manufacturing Question 5 (1 point) XYZ Manufacturing uses a standard cost system with overhead applied based on direct-labor hours. The manufacturing budget for the

xyz manufacturing
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Question 5 (1 point) XYZ Manufacturing uses a standard cost system with overhead applied based on direct-labor hours. The manufacturing budget for the production of 5,000 units for the month of June included 10,000 hours of direct labor at $20 per hour, or $200,000. During June, 4,500 units were produced, using 9,600 direct-labor hours, incurring $43,400 of variable overhead, and showing a variable overhead efficiency variance of $3,600 unfavorable. The standard variable overhead rate per direct-labor hour was 1) $5.85 2) $6.00 3) $6.20 4) $0 Previous Page Next Page Page 1 of 10 Question 6 (1 point) A review of Plunkett Corporation's accounting records for last year disclosed the following selected information. Variable Costs Direct materials used $ 56,000 Direct labor $179,000 Manufacturing overhead $154,000 Selling costs $108,400 Fixed costs Manufacturing overhead Selling costs Administrative costs $267.000 $121,000 $235,900 What were Plunkett's product costs and period costs for last year? Product Period 1) $235,100 $914,000

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