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Q1) Manufacturing overhead data for production of Product H by Norland Company are given below.

Overhead incurred for 52,000 actual direct labor hours worked

$213,000

Overhead rate (variable $3; fixed $1) at normal capacity of 54,000 direct labor hours

$4

Standard hours allowed for work done

51,000

problem:

find out the total, controllable, and volume overhead variances.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M918473

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