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sanimkyei sanimkyei
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11 months ago

The Maxit Corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. The following data are available for July:

  • Actual variable manufacturing overhead cost incurred: $23,060
  • Actual machine-hours worked: 1,800 hours
  • Variable overhead rate variance: $3,720 U
  • Total variable overhead spending variance: $5,060 U

The variable overhead efficiency variance for July is:



▸ $1,340 U

▸ $8,780 U

▸ $8,780 F

▸ $1,340 F
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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kady_kelsey2kady_kelsey2
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11 months ago
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sanimkyei Author
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11 months ago
You make an excellent tutor!
TheMoffattMan
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this is exactly what I needed
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Helped a lot
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