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Use the Information Below to Answer the Following Question(s)

question 120

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Use the information below to answer the following question(s) .Michelle Inc.uses a level 4-variance analysis of its manufacturing overhead costs, and has the following results for April.A.Budgeted direct labour-hours per unit is used to allocate variable manufacturing overhead.Fixed overhead is allocated on a per unit basis.
b.Budgeted amounts for April are:
Use the information below to answer the following question(s) .Michelle Inc.uses a level 4-variance analysis of its manufacturing overhead costs, and has the following results for April.A.Budgeted direct labour-hours per unit is used to allocate variable manufacturing overhead.Fixed overhead is allocated on a per unit basis. b.Budgeted amounts for April are:    C.Actual amounts for April are:    -What is the Michelle Inc.variable manufacturing overhead rate variance? A) $30,000 unfavourable B) $28,500 favourable C) $20,000 unfavourable D) $16,000 favourable E) $16,000 unfavourable C.Actual amounts for April are:
Use the information below to answer the following question(s) .Michelle Inc.uses a level 4-variance analysis of its manufacturing overhead costs, and has the following results for April.A.Budgeted direct labour-hours per unit is used to allocate variable manufacturing overhead.Fixed overhead is allocated on a per unit basis. b.Budgeted amounts for April are:    C.Actual amounts for April are:    -What is the Michelle Inc.variable manufacturing overhead rate variance? A) $30,000 unfavourable B) $28,500 favourable C) $20,000 unfavourable D) $16,000 favourable E) $16,000 unfavourable
-What is the Michelle Inc.variable manufacturing overhead rate variance?

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Definitions:

Direct Materials

Initial materials specifically allocated for the making of certain goods or provision of services.

Factory Overhead

Indirect manufacturing costs not directly associated with the production of goods, such as depreciation of equipment, maintenance, and utilities.

Equivalent Units

A concept in cost accounting used to denote the amount of finished goods units that could have been produced given the total amount of production inputs.

Conversion Costs

The expenses specifically associated with converting raw materials into finished goods, including labor and overhead costs.

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