In october mcenroe company reports 21490 actual direct, Ask an Expert

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In October, McEnroe Company reports 21,490 actual direct labor hours, and it incurs $59,550 of manufacturing overhead costs. Standard hours allowed for the work done is 19,850 hours. The predetermined overhead rate is $5 per direct labor hour. The flexible manufacturing overhead budget shows that budgeted costs are $3 variable per direct labor hour and $52,030 fixed. Compute the overhead volume variance. Normal capacity was 23,650 direct labor hours.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9970905

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