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Author Question: Wolfe Manufacturing Company has the following information related to variable overhead:Standard ... (Read 632 times)

connormoss

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Wolfe Manufacturing Company has the following information related to variable overhead:

Standard hours per unit of production3.5 hours
Standard variable rate$16 per hour
Actual hours during period5,000 hours
Actual variable overhead cost$96,000
Actual production1,400 units

Required:

a.Calculate the variable overhead spending variance for the period.
b.Calculate the variable overhead efficiency variance for the period.


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Marked as best answer by connormoss on Feb 5, 2023

GoldenBrown

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connormoss

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Reply 2 on: Feb 5, 2023
Excellent


scikid

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Reply 3 on: Yesterday
:D TYSM

 

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