TAXATION INDIVIDUALS & BUSINESS ENTITIE
10th Edition
ISBN: 9781260799705
Author: SPILKER
Publisher: MCG
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Hudini Company's variable overhead is applied on the
basis of direct labor hours. The standard cost card
specifies 4 direct labor hours per unit of its product. The
standard variable overhead rate is $6 per direct labor
hour. Last quarter, Hudini actually produced 12,000 units
of product. The company's accounting records show its
variable overhead efficiency variance
variance was $6,500
Unfavorable and variable overhead rate variance was
$10,000 Favorable. What was Hudini's actual variable
overhead cost last quarter?
What is the direct materials efficiency variance
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- Subject ? Financial accountingarrow_forwardGeneral Accountingarrow_forwardIn October, one of the processing departments at Trinity Manufacturing had a beginning work in process inventory of $42,000 and an ending work in process inventory of $31,000. During the month, $265,000 of costs were added to production. In the department's cost reconciliation report for October, what was the cost of units transferred out of the department?arrow_forward
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