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Question - Margin Inc. has the following standards:
Direct labor rate $11 per d.l. hour
Variable overhead rate $9 per d.I. hour
Margin Inc. calculated the following variances in March:
Variable overhead rate variance $10,053 unfavorable
Direct labor efficiency variance $11,168 unfavorable
Required - What is the variable overhead efficiency variance?
Determine the cost of goods sold and the costs of ending inventory for the month of March using the following inventory costing methods
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previn brothers inc. purchased land at a price of 29970. closing costs were 2440. an old building was removed at a cost
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