GNBExam11 - GNB 12e Practice Exam Chapter 11 Print these...

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GNB 12e Practice Exam – Chapter 11 Print these pages. Answer each of the following questions, explaining your answers or showing your work, as appropriate, and then compare your solutions to those provided at the end of the practice exam. 1. The Duvall Company applies manufacturing overhead costs to products on the basis of direct labor-hours. The standard cost card shows that 6 direct labor-hours are required per unit of product. The company estimated that it would work 180,000 direct labor-hours and incur the following manufacturing overhead costs for the month of March: Total fixed overhead costs $237,600 Total variable overhead costs $198,000 During March, the company completed 28,000 units of product, worked 172,000 direct labor-hours, and incurred the following total manufacturing overhead costs: Total fixed overhead costs $230,600 Total variable overhead costs $197,800 The denominator activity used to calculate its predetermined overhead rate was 180,000 direct labor-hours. Part (a) What is the variable overhead (VOH) spending variance for March?
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GNBExam11 - GNB 12e Practice Exam Chapter 11 Print these...

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