Asked by Petronel Ntimane on May 17, 2024

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The following data have been provided by Furr Corporation: The following data have been provided by Furr Corporation:   Indirect labor and power are both elements of variable manufacturing overhead.The variable overhead rate variance for indirect labor is closest to: A)  $32,854 Favorable B)  $32,854 Unfavorable C)  $37,398 Favorable D)  $4,544 Favorable Indirect labor and power are both elements of variable manufacturing overhead.The variable overhead rate variance for indirect labor is closest to:

A) $32,854 Favorable
B) $32,854 Unfavorable
C) $37,398 Favorable
D) $4,544 Favorable

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (standard) variable overhead based on the actual production level.

Indirect Labor

Labor costs associated with tasks that do not directly contribute to the production of a specific product, such as maintenance or supervision.

  • Calculate differences in variable overhead rates to evaluate control mechanisms over overhead expenses.
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AS
Aahundra ShepherdMay 21, 2024
Final Answer :
A
Explanation :
The question does not provide any data for calculating the variable overhead rate variance for indirect labor. Therefore, the answer would depend on the data that is missing from the question. Without that data, we cannot accurately determine the variance.