Luke, Inc Has a Standard Variable Overhead Rate of $5 Per

question 12

Multiple Choice

Luke, Inc. has a standard variable overhead rate of $5 per machine hour, with each completed unit expected to take three machine hours to produce. A review of the company's accounting records found the following:
Actual production: 19,500 units
Variable-overhead efficiency variance: $9,000U
Variable-overhead spending variance: $21,000F
What was Luke's actual variable overhead during the period?

• A) $262,500.
• B) $280,500.
• C) $304,500.
• D) $322,500.
• E) None of the other answers are correct.

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Basic human freedoms and protections that are guaranteed by the constitution or recognized universally, such as freedom of speech and right to equality.

Human Resource Specialists

Professionals focused on managing and implementing policies related to the workforce of an organization, including recruitment, training, and compliance with labor laws.

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Discrimination against members of a dominant or majority group, often as an unintended consequence of policies designed to correct historical discrimination.