FINANCIAL AND MANAGERIAL ACCOUNTING 180
FINANCIAL AND MANAGERIAL ACCOUNTING 180
9th Edition
ISBN: 9781264216086
Author: Wild
Publisher: MCG
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What is the percentage increase in the cost of goods sold
General Accounting 24
The following standards for variable overhead have been established for a company that makes only one product: Standard hours per unit of output 6.6 hours Standard variable overhead rate $13 per hour The following data pertain to operations for the last month: Actual hours 9,800 hours Actual total variable overhead cost $125,210 Actual output 1,460 units Required: A. What is the variable overhead rate variance for the month? B. What is the variable overhead efficiency variance for the month?
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