Funk Co. expects to produce 48,000 units for the year. The companys flexible budget for 48,000 units

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Funk Co. expects to produce 48,000 units for the year. The company’s flexible budget for 48,000 units of production shows variable overhead costs of $72,000 and fixed overhead costs of $64,000. For the year, the company incurred actual overhead costs of $122,800 while producing 40,000 units. Compute the controllable overhead variance.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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