Chapter 1, Problem 1DQ

Seaside Manufacturing Inc. estimated its manufacturing overhead costs for 2023 to be $450,000, based on 150,000 estimated machine hours. The actual machine hours for 2023 were 160,000. The manufacturing overhead account contains debit entries totaling $465,000. Determine whether the manufacturing overhead for 2023 was overallocated or underallocated. (Round your immediate calculations to one decimal place.)

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Babu Company completes job #928 which has a standard of 610 labor hours at a standard rate of $19.30 per hour. The job was completed in 590 hours and the average actual labor rate was $19.10 per hour. What is the labor rate variance? Don't Use Ai

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Babu Company completes job #928 which has a standard of 610 labor hours at a standard rate of $19.30 per hour. The job was completed in 590 hours and the average actual labor rate was $19.10 per hour. What is the labor rate variance?

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