Description of this paper

If variable overhead is applied on the basis of di...

Description

Solution


Question

If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: ? A) actual variable overhead rate exceeded the standard rate. B) standard variable overhead rate exceeded the actual rate. C) actual direct labor-hours exceeded the standard direct labor-hours allowed for the actual output. D) standard direct labor-hours allowed for the actual output exceeded the actual hours.

 

Paper#6806 | Written in 18-Jul-2015

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