J&J Materials and Construction Corporation produces fertilizer and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data: Budgeted output units Budgeted fleet hours Budgeted variable manufacturing overhead costs for 680 loads Actual output units produced and delivered Actual fleet hours Actual variable manufacturing overhead costs 680 truckloads 476 hours $72,590 615 truckloads What is the flexible-budget variance for variable manufacturing overhead? 376 hours $67,790 OA. $4,800 favorable. B. $4,800 unfavorable OC. $2,139 favorable OD. $2,139 unfavorable

J&J Materials and Construction Corporation produces fertilizer and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data: Budgeted output units Budgeted fleet hours Budgeted variable manufacturing overhead costs for 680 loads Actual output units produced and delivered Actual fleet hours Actual variable manufacturing overhead costs 680 truckloads 476 hours $72,590 615 truckloads What is the flexible-budget variance for variable manufacturing overhead? 376 hours $67,790 OA. $4,800 favorable. B. $4,800 unfavorable OC. $2,139 favorable OD. $2,139 unfavorable

Name: J&J Materials and Construction Corporation produces fertilizer and di
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Description: J&J Materials and Construction Corporation produces fertilizer and distributes the product by using dump trucks. The company uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company's m

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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