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dimulka [17.4K]
3 years ago
9

Raven applies overhead based on direct labor hours. The variable overhead standard is 16 hours at $25 per hour. During July, Rav

en spent $217,700 for variable overhead. 8,190 labor hours were used to produce 300 units. What is the variable overhead rate variance
Business
1 answer:
Paul [167]3 years ago
5 0

Answer:

Raven

The variable overhead rate variance is:

$12,940.20

Explanation:

Standard variable overhead rate = $25 per hour

Variable overhead cost = $217,700

Direct labor hours = 8,190

Units produced = 300

Actual variable overhead rate = $217,700/8,190 = $26.58 per hour

Variable overhead rate variance = ($26.58 - $25) * 8,190

= $12,940.20

b) The variable overhead rate variance is the difference between the actual variable manufacturing overhead incurred by Raven and the standard variable overhead that was expected, based on the actual number of hours worked.

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Answer:

The correct answer is loyalty.

Explanation:

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For its part, the breach of the fiduciary duty is when a fiduciary does not fulfill his responsibilities and obligations. In most cases, a third party will handle the claim of the breach of trust to ensure that it is handled correctly. The trustee may also be removed from the position and ordered to pay fines or other forms of compensation to the principal.

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Answer:

b. 502,000 units

Explanation:

-                               X

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If a contractual obligation can be negated by a particular action, the contractual promise is said to be _?_.
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