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joshtatum92 joshtatum92
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11 months ago

Vermeillen Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production on the basis of the number of machine setups. The following data pertain to one month's operations:

  • Variable manufacturing overhead cost incurred: $70,000
  • Total variable manufacturing overhead variance: $4,550 Favorable
  • Standard machine setups allowed for actual production: 3,550
  • Actual machine setups incurred: 3,500

The standard variable overhead rate per machine setup is:



$20.00



$21.30



$18.44



$21.00

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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itnow96itnow96
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11 months ago
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joshtatum92 Author
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11 months ago
this is exactly what I needed
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Brilliant
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2 hours ago
Thanks
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