Blue Dingo uses a standard costing system. The company's standard costs and varilances for direct...
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Blue Dingo uses a standard costing system. The company's standard costs and varilances for direct materials, direct labor, and factory overhead for the month of May are as follows. Variances Standard Cost Unfavorable Favorable 4,680 Direct materials 84,00e Price variance Quantity variance $3,000 Direct labor 183, 80 Rate variance Efficiency variance 2,700 6, 200 Manufacturing overhead 261,000 Spending variance Volume variance 3,700 5,090 Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead. Actual Costs ncurred S 76,400 Manufacturing overhead Prev 1 of 4Next> earch
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