The following information pertains to the company's manufacturing overhead data. (ASAP) Budgeted output units 30,000 fixtures Budgeted machine - hours 10,000 hours Budgeted variable manufacturing overhead costs for 30,000 fixtures $80,625 Actual output units produced 44,000 fixtures Actual machine -hours used 10,000 hours Actual variable manufacturing overhead costs $121,000 (1) What is a variable manufacturing overhead rate variance?

FINANCIAL ACCOUNTING
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The following information pertains to the company's manufacturing overhead data. (ASAP) Budgeted
output units 30,000 fixtures Budgeted machine - hours 10,000 hours Budgeted variable manufacturing
overhead costs for 30,000 fixtures $80,625 Actual output units produced 44,000 fixtures Actual machine
-hours used 10,000 hours Actual variable manufacturing overhead costs $121,000 (1) What is a
variable manufacturing overhead rate variance?
Transcribed Image Text:The following information pertains to the company's manufacturing overhead data. (ASAP) Budgeted output units 30,000 fixtures Budgeted machine - hours 10,000 hours Budgeted variable manufacturing overhead costs for 30,000 fixtures $80,625 Actual output units produced 44,000 fixtures Actual machine -hours used 10,000 hours Actual variable manufacturing overhead costs $121,000 (1) What is a variable manufacturing overhead rate variance?
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