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bioboy12 bioboy12
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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: $11,310
  • Actual machine-hours worked: 1,600 hours
  • Variable overhead rate variance: $1,710 U
  • Total variable overhead spending variance: $2,310 U

The variable overhead efficiency variance for July is:



▸

$600 U



▸

$540 U



▸

$540 F



▸

$600 F

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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studyinnursestudyinnurse
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11 months ago
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You make an excellent tutor!
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