with both varlable and fixed manufacturing overhead costs being allocated based on direct labor hours....
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Accounting
with both varlable and fixed manufacturing overhead costs being allocated based on direct labor hours. overhead costs and $562,000 on fixed manufacturing overhead costs. Required: a) Calculate the direct labor price variance (i.e. rate variance), efficiency variance, and volume variance. b) Calculate the direct material price variance, efficiency variance (i.e. quantity variance), and volume variance. c) Calculate the variable overhead spending variance and efficiency variance
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