Business, 19.11.2019 02:31 Fireburntbudder

The maxit corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. the following data are available for july: actual variable manufacturing overhead cost incurred: $11,310 actual machine-hours worked: 1,600 hours variable overhead rate variance: $1,710 u total variable overhead spending variance: $2,310 u the standard number of machine-hours allowed for july production is closest to: a. 1,600 hours b. 1,700 hours c. 1,300 hours d. 1,500 hours.

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