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Title: Litchfield Industries gathered the following information for the month ended June 31:The static budg Post by: bernie2981 on Nov 14, 2015 Litchfield Industries gathered the following information for the month ended June 31:
The static budget volume is 5,500 units: Overhead flexible budget: Number of units 9,000 10,000 11,000 Standard machine hours 13,000 14,500 16,000 Budgeted variable overhead costs: $50,000 $56,000 $62,000 Budgeted fixed overhead costs: $35,750 $35,750 $35,750 Actual production was 12,000 units. Actual overhead costs were $28,000 for variable costs and $37,000 for fixed costs. Actual machine hours worked were 16,000 hours. What is the standard variable overhead rate per machine hour? A) $3.86 B) $2.47 C) $4.31 D) $3.50 Title: Re: Litchfield Industries gathered the following information for the month ended June 31:The static Post by: nuclei on Nov 20, 2015 Content hidden
Title: Re: Litchfield Industries gathered the following information for the month ended June 31:The static budg Post by: bernie2981 on Dec 1, 2015 You're such a dedicated member, I very much appreciate the help.
Marking this solved ✓ |