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Gremminger Incorporated Makes a Single Product--A Critical Part Used in Commercial

Question 65

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Gremminger Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below:
Gremminger Incorporated makes a single product--a critical part used in commercial airline seats.The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period.Data concerning the most recent year appear below:   The variable overhead rate variance is: A)  $19,404 F B)  $17,952 F C)  $19,404 U D)  $17,952 U The variable overhead rate variance is:


A) $19,404 F
B) $17,952 F
C) $19,404 U
D) $17,952 U

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