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Calculate the variable overhead spending variances

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Reference no: EM132999481

Question - The following information is available for Sheffield's Hot Dogs:

Budgeted production 12,500 packages

Standard direct labor hours 1.6 direct labor hours per package

Actual production 11,760 packages

Actual direct labor hours 19,899

Standard variable overhead rate $3per direct labor hour

Actual variable overhead costs $50,907

Required - Calculate the variable overhead spending and efficiency variances.

Reference no: EM132999481

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