Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows:

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3 years ago

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Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows:

(a) Units produced: 79,600; (b) Direct labor: 158,900 hours at $18.10; (c) FOH: $831,000; and (d) VOH: $112,400. Required: Compute the variable overhead spending and efficiency variances. Compute the fixed overhead spending and volume variances.

Business

1 answer:

Leya [2.2K] · Answer 1 · 2022-06-05T05:25:47+03:00

Leya [2.2K]3 years ago

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