What is the variable manufacturing overhead rate variance? Strategic Cost Management. midterm - PowerfointAnimationsSlide ShowReviewViewO Tell me whot you want to de*A A E-E E- llit Text DirectionAlign TextShape Fill-Prind23Shape Outline- Replace -A Select -Arrange QickStylesDrawingIUS AV- Aa AEConvert to SmartArtShape EffectsFontParagraphEditingYou are provided the following information for December 2018:Actual direct labor hours used: 3,000Standard direct labor hours allowed: 2,950Actual variable manufacturing overhead rate:Standard variable manufacturing overhead rate: Php 12.30 / dlhPhp12.20/dlhBased on the above information, the variable manufacturing overhead rate variance is?| teams.microsoft.com is sharing your screen.Stop sharingHideA NotesComments

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Description: What is the variable manufacturing overhead rate variance? Strategic Cost Management. midterm - PowerfointAnimationsSlide ShowReviewViewO Tell me whot you want to de*A A E-E E- llit Text DirectionAlign TextShape Fill-Prind23Shape Outline- Replace -A

Variable Manufacturing Rate Variance = php300 (Favourable) Refer step 2 for explanation

Answered: What is the variable manufacturing…

Business

Accounting

What is the variable manufacturing overhead rate variance?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....

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Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2. Determine the cost to be charged to the product for the year. 3. Determine the cost to be charged to factory overhead for the year. 4. Determine the plotted data points using Chart Wizard. 5. Determine R2. 6. How do these solutions compare to the solutions in P4-2 and P4-3? 7. What does R2 tell you about this cost model?
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