Dennehy Corporation,which makes sophisticated industrial valves,has provided the following data from its standard costing system and for its actual operations in November: Required:
Compute the variable overhead rate variances for indirect labor and for power for November.Indicate whether each of the variances is favorable (F) or unfavorable (U).Show your work!

Question

Dennehy Corporation,which makes sophisticated industrial valves,has provided the following data from its standard costing system and for its actual operations in November:  Required:
Compute the variable overhead rate variances for indirect labor and for power for November.Indicate whether each of the variances is favorable (F) or unfavorable (U).Show your work!

Quizplus · Accepted Answer

The Answer of Dennehy Corporation,which makes sophisticated industrial valves,has provided the following data from its standard costing system and for its actual operations in November:  Required:
Compute the variable overhead rate variances for indirect labor and for power for November.Indicate whether each of the variances is favorable (F) or unfavorable (U).Show your work!

Dennehy Corporation,which Makes Sophisticated Industrial Valves,has Provided the Following Data