In October, Pine Company reports 21,000 actual direct labor hours, and it incurs $125,500 of manufacturing overhead costs. Standard hours allowed for the work done is 25,100 hours. The predetermined overhead rate is $4.85 per direct labor hour. Compute the total overhead variance. Total Overhead Variance

Managerial Accounting
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ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 1PB: Direct materials and direct labor variance analysis Lenni Clothing Co. manufactures clothing in a...
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In October, Pine Company reports 21,000 actual direct labor hours, and it incurs $125,500 of manufacturing overhead costs. Standard
hours allowed for the work done is 25,100 hours. The predetermined overhead rate is $4.85 per direct labor hour.
Compute the total overhead variance.
Total Overhead Variance
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Transcribed Image Text:View Policies Current Attempt in Progress In October, Pine Company reports 21,000 actual direct labor hours, and it incurs $125,500 of manufacturing overhead costs. Standard hours allowed for the work done is 25,100 hours. The predetermined overhead rate is $4.85 per direct labor hour. Compute the total overhead variance. Total Overhead Variance %24 eTextbook and Media Attempts: 0 of 1 used Submit Answer Save for Later
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