The Following Data Have Been Provided by Vegas Corporation

question 16

Essay

The following data have been provided by Vegas Corporation:
$$\begin{array} { l l} \text { Budgeted production } & \text { 8,300units } \\\text { Stardard machine-hours per unit } & 4.5 \text { machine-hours } \\\text { Standard lubricarnts } & \$ \quad 5.10 \text { per machine-hour } \\\text { Standard supplies } & \$ \quad 2.90 \text { per machine-hour }\end{array}$$
$$\begin{array} { lr } \text { Actual production } & 8,600 \text { units } \\\text { Actual machine-hours } & 38,270 \text { machine-hours } \\\text { Actual lubricarits (total) } & \$ 211,801 \\\text { Actual supplies (total) } & \$ 107,566\end{array}$$
Required:
Compute the variable overhead rate variances for lubricants and for supplies. Indicate whether each of the variances is favorable (F) or unfavorable (U). Show your work.

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Definitions:

Outpatient Detoxification

A medical and therapeutic approach for safely managing the acute physical symptoms of withdrawal from drugs or alcohol within a non-residential setting.

Inpatient SUD Treatment

A type of rehabilitation program where individuals with Substance Use Disorders (SUD) stay in a treatment facility for a period of time to receive constant medical care and therapy.

28-day

A common duration for inpatient rehabilitation programs for substance use disorders, designed to provide intensive support in the early stages of recovery.

Theory and Science

Refers to the systematic exploration and study of concepts, principles, and methods that underpin knowledge and understanding in various disciplines, driving evidence-based practice and innovation.