The following standards for variable manufacturing overhead, Ask an Expert

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The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output 7.8 hours
Standard variable overhead rate $12.55 per hour
The following data pertain to operations for the last month:
Actual hours 2,900 hours
Actual total variable overhead cost $36,975
Actual output 200 units
What is the variable overhead efficiency variance for the month?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M970137

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