Crystal Ball Company (CBC) bases its fixed overhead rate on practical capacity of 30,000 units per year.

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Crystal Ball Company (CBC) bases its fixed overhead rate on practical capacity of 30,000 units per year. Budgeted and actual results for the most recent year follow:

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Calculate the following for CBC:

1. Fixed overhead rate based on practical capacity.

2. Fixed overhead spending variance.

3. Expected (planned) capacity variance._ 4. Unexpected (unplanned) capacity variance.

5. Total over- or underapplied fixed manufacturing overhead

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Related Book For  book-img-for-question

Managerial Accounting

ISBN: 9780078110771

1st Edition

Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips

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