TB MC Qu. 9-91 (Algo) The following standards for variable... The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output Standard variable overhead rate 8.6 hours $15.00 per hour The following data pertain to operations for the last month: Actual hours Actual total variable manufacturing overhead cost Actual output What is the variable overhead efficiency variance for the month? 2,925 hours $ 44,635 200 units.

TB MC Qu. 9-91 (Algo) The following standards for variable... The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output Standard variable overhead rate 8.6 hours $15.00 per hour The following data pertain to operations for the last month: Actual hours Actual total variable manufacturing overhead cost Actual output What is the variable overhead efficiency variance for the month? 2,925 hours $ 44,635 200 units.

Name: Multiple ChoiceOOO$18,835 U$18,075 U$760 U$25,800 F 01TB MC Qu. 9-91
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Description: Multiple ChoiceOOO$18,835 U$18,075 U$760 U$25,800 F 01TB MC Qu. 9-91 (Algo) The following standards for variable...The following standards for variable manufacturing overhead have been established for a company that makes only one product:Standard h

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Mutiple Choice O $72.00 O $500 O $400
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Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity Standard price Standard cost 6.5 liters per unit $ 1.00 per liter $ 6.50 per unit The company budgeted for production of 2,300 units in April, but actual production was 2,400 units. The company used 16,410 liters of direct material to produce this output. The company purchased 18,600 liters of the direct material at $1.10 per liter. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for April is:
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