Majer Corporation makes a product with the following standard costs

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Majer Corporation makes a product with the following standard costs:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost Per Unit
Direct materials	6.4 ounces	$3.00 per ounce	$19.20
Direct labor	0.4 hours	$13.00 per hour	$5.20
Variable overhead	0.4 hours	$5.00 per hour	$3.00

Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard

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Answer 1

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Answer #1

Solution:

Variable overhead rate variance = (SR - AR) * AH = ($5 - $4.90) * 1910 = $191 Favorable

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Answer 2

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Majer Corporation makes a product with the following standard costs

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Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead...

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Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price...

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Majer Corporation makes a product with the following standard costs

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