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Calculate the variable overhead spending variances

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Reference no: EM133014491

Question - The following information is available for Marigold's Hot Dogs:

Actual production 11,760 packages

Budgeted production 12,500packages

Standard direct labor hours 1.6 direct labor hours per package

Actual direct labor hours 19,887

Standard variable overhead rate $2per direct labor hour

Actual variable overhead costs $32,314

Required - Calculate the variable overhead spending and efficiency variances.

Reference no: EM133014491

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