Reece Enterprises machines heavy-duty brake rotors that are used on commercial airliners. The company's management...
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Accounting
Reece Enterprises machines heavyduty brake rotors that are used on commercial airliners. The company's management developed the following standard costs:
Standard direct labor hours per rotor
Standard overhead rate per direct labor hour $
Actual activity for October:
Actual overhead costs incurred $
Actual direct labor hours
Actual rotors machined
What is the total variable manufacturing overhead variance in October?
Selected Answer:
Incorrect $ favorable
Answers:
$ favorable
$ favorable
$ unfavorable
Correct $ unfavorable
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