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Wolfe Manufacturing Company has the following information related to variable overhead:Standard ...

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Wolfe Manufacturing Company has the following information related to variable overhead:Standard ...

Wolfe Manufacturing Company has the following information related to variable overhead:

Standard hours per unit of production

3.5 hours

Standard variable rate

$16 per hour

Actual hours during period

5,000 hours

Actual variable overhead cost

$96,000

Actual production

1,400 units

Required:

a.	Calculate the variable overhead spending variance for the period.

b.	Calculate the variable overhead efficiency variance for the period.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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theferpectstudent Author

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A year ago

Thanks for your help!!

rudy.zondo

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Good timing, thanks!

Jodias

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Thanks

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