What is the standard variable factory overhead rate, Accounting Basics

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What is the standard variable factory overhead rate

Neptune Inc. uses a standard cost system and has the following information for April:

Actual direct labor hours worked 18,270
Standard direct labor hours allowed for good output 19,240
Actual total factory overhead $50,540
Budgeted fixed factory overhead costs $11,520
Normal activity in direct labor hours 15,930
Total factory overhead application rate per standard direct labor hour $2.90

what is the standard variable factory overhead rate ?

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Accounting Basics: What is the standard variable factory overhead rate

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is the standard variable factory overhead rate

Reference No:- TGS098658

Recent Questions Asked Accounting Basics

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