At Cady Company, maintenance is a variable cost that varies directly with machine-hours. The performance report for June showed that actual maintenance costs totaled P9,600 and that the associated spending variance was P400 unfavorable. If 8,000 machine-hours were actually worked during June, the budgeted maintenance cost per machine-hour was:
At Cady Company, maintenance is a variable cost that varies directly with machine-hours. The performance report for June showed that actual maintenance costs totaled P9,600 and that the associated spending variance was P400 unfavorable. If 8,000 machine-hours were actually worked during June, the budgeted maintenance cost per machine-hour was:
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 10EB: A manufacturer planned to use $45 of variable overhead per unit produced, but in the most recent...
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A. P1.30
B. P1.25
C. P1.20
D. P1.15
E. Answer not given
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