The Maxwell Corporation has a standard costing system in which variable manufact

Question

The Maxwell Corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. The following data are available for July:

• Actual variable manufacturing overhead cost incurred: $22,620

• Actual machine-hours worked: 1,600 hours

• Variable overhead rate variance: $3,420 Unfavorable

• Total variable overhead spending variance: $4,620 Unfavorable

The standard number of machine-hours allowed for July production is:

A) 1500 hours
B)1600 hours
C) 1700 hours
D) 2270 hours

Explanation / Answer

Answer A 1500 Hours

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.