Sade Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.
The company has reported the following actual results for the product for December:
Required:a. Compute the variable overhead rate variance for December.b. Compute the variable overhead efficiency variance for December.
Definitions:
Cyprus
An island country in the Eastern Mediterranean, known for its rich historical and cultural heritage as well as its strategic geopolitical location.
Dopamine
A neurotransmitter involved in controlling movement and posture, as well as modulating mood, reward, and addiction.
Schizophrenic Disorder
A mental health disorder characterized by disturbances in thought, perception, and behavior, leading to a disconnection from reality.
Anxiety Disorder
A mental health disorder characterized by persistent and excessive worry, fear, or anxiety that interferes with daily activities.
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