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Epplin Company
the Following Information Is Provided for Epplin Company

question 90

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Epplin Company
The following information is provided for Epplin Company for the month of September:
 Actual  Standard  1,800  units 5 DLHs per unit @ $10.00 per DLH 8,900 DLHs @ $10.50 per DLH  VOH rate per DLH $.75 Variable OH $6,400 FOH rate per DLH $1.90 Fixed OH $17,500 Budgeted FOH $16,910 \begin{array}{ll}\underline{\text { Actual }} &\underline{ \text { Standard }} \\\text { 1,800 }\text { units } &5 \text { DLHs per unit @ } \$ 10.00 \text { per DLH } \\8,900 \text { DLHs @ } \$ 10.50 \text { per DLH } & \text { VOH rate per DLH } \$ .75 \\\text { Variable OH } \$ 6,400 & \text { FOH rate per DLH } \$ 1.90 \\\text { Fixed OH } \$ 17,500 &\text { Budgeted FOH \$16,910 }\end{array}


Refer to Epplin Company.What is the efficiency variance?

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Definitions:

Rate Of Interest

The percentage charged on a loan or paid on an investment over a specific period, usually annually.

Monthly Payments

Regular payments made once a month, typically in the context of loans or mortgages.

Loan

A sum of money borrowed by an individual, business, or other entity from a lender that is expected to be paid back with interest over a specified time period.

Compounded Monthly

Compounded monthly refers to the process of adding interest to the principal sum of a loan or deposit, where the interest that accrues is calculated and added monthly, leading to exponential growth.

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