Use the information in Exhibit 245 on page 1046 to compute the expected volume variance at 750
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In Exhibit245
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Actual Production (in units) 700 600 800 Overhead applied to work in process using a $14 standard rate $8,400 $9,800 $11,200 Budgeted overhead: Fixed $5,600 $5,600 5,600 3,600 4,200 4,800 $9,200 $9,800 $10,400 $ (800) $-0 800 Variable ($6 per unit) Total Volume variances-favorable (unfavorable)
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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