Business, 12.03.2021 15:10 happy121906

Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct labor 0.20 hours $ 27.00 per hour $ 5.40 Variable overhead 0.20 hours $ 6.30 per hour $ 1.26 In November the company's budgeted production was 6,600 units, but the actual production was 6,400 units. The company used 1,560 direct labor-hours to produce this output. The actual variable overhead cost was $9,204. The company applies variable overhead on the basis of direct labor-hours. The variable overhead rate variance for November is:

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Irving Corporation makes a product with the following standards for direct labor and variable overhe...

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