Chapter 8, Problem 8.20E

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Answer? ? Financial accounting

Accounting question

Financial accounting

What is the investment? ? General Accounting

Shital Industries has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $6.50 per MH. During the month, the actual total variable manufacturing overhead was $39,600, and the actual level of activity for the period was 6,200 MHs. What was the variable overhead rate variance for the month?

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What is its total assets turnover on these financial accounting question?