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aev [14]
3 years ago
6

Which of the following best describes a Trial Balance?

Business
1 answer:
igor_vitrenko [27]3 years ago
6 0

It is list of balances in the book

  • Trial balance is recorded in form of list
  • It includes all the balances present at different accounts of any individual

Option A is correct

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The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta
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Answer:

Variable overhead efficiency variance= $19,952 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 5.2 hours

Standard variable overhead rate $11.60 per hour

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<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 5.2*150= 780

Variable overhead efficiency variance= (780 - 2,500)*11.6

Variable overhead efficiency variance= $19,952 unfavorable

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Answer:

True

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