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Genesis Company Genesis Company Uses a Standard Cost System for Its

Question 7

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Genesis Company Genesis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Genesis produced 5,000 units:
Genesis Company Genesis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Genesis produced 5,000 units: Refer to Genesis Company. Using the three-variance approach, what is the spending variance? A) $2,525 U B) $2,775 U C) $4,375 U D) $4,375 F Refer to Genesis Company. Using the three-variance approach, what is the spending variance?


A) $2,525 U
B) $2,775 U
C) $4,375 U
D) $4,375 F

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