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Home Q & A Board Other Fields Homework Help Business Accounting
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sweetapple718 sweetapple718
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A year 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 variable overhead rate variance is:



▸

$1,000 Favorable



▸

$1,000 Unfavorable



▸

$3,500 Unfavorable



▸

$3,500 Favorable

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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dioxy186dioxy186
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A year ago
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