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At the beginning of last year, Tari Corporation budgeted $400,000 of fixed manufacturing overhead and chose a denominator level of activity of 550,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $9,500 favorable. Its fixed manufacturing overhead volume variance was $15,200 favorable. Actual direct labor-hours for the year were 575,000. What was Tari's total standard machine-hours allowed for last year's output? a. 415,200 b. 418,182 c. 570,900 d. 433,382

At the beginning of last year, Tari Corporation budgeted $400,000 of fixed manufacturing overhead and chose a denominator level of activity of 550,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $9,500 favorable. Its fixed manufacturing overhead volume variance was $15,200 favorable. Actual direct labor-hours for the year were 575,000. What was Tari's total standard machine-hours allowed for last year's output? a. 415,200 b. 418,182 c. 570,900 d. 433,382

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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At the beginning of last year, Tari Corporation budgeted $400,000 of fixed manufacturing overhead and chose a denominator level of activity of 550,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $9,500 favorable. Its fixed manufacturing overhead volume variance was $15,200 favorable. Actual direct labor-hours for the year were 575,000. What was Tari's total standard machine-hours allowed for last year's output? a. 415,200 b. 418,182 c. 570,900 d. 433,382
Transcribed Image Text:At the beginning of last year, Tari Corporation budgeted $400,000 of fixed manufacturing overhead and chose a denominator level of activity of 550,000 machine-hours. At the end of the year, Tari's fixed manufacturing overhead budget variance was $9,500 favorable. Its fixed manufacturing overhead volume variance was $15,200 favorable. Actual direct labor-hours for the year were 575,000. What was Tari's total standard machine-hours allowed for last year's output? a. 415,200 b. 418,182 c. 570,900 d. 433,382
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