Solve for X. -

question 84

Multiple Choice

Solve for x.
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Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected variable overhead based on the predetermined overhead rate and actual activity level.

Standard Machine-Hours

A predetermined measure of the amount of machine time required to produce a unit of product under normal operating conditions.

Manufacturing Overhead

All indirect costs associated with the production process, including costs for utilities, depreciation of machinery, and factory staff salaries.

Labor Efficiency Variance

The difference between the actual hours worked and the standard hours allowed for the work performed, multiplied by the standard labor rate.