Four-variance analysis, fill in the blanks. Use the given manufacturing overhead data to fill in the blanks.
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Four-variance analysis, fill in the blanks. Use the given manufacturing overhead data to fill in the blanks.
Variable Fixed Actual costs incurred $14,280 $7,200 Allocated to products 10,800 5,400 Flexible budget: Budgeted input allowed for actual output achieved X budgeted rate 10,800 6,000 Actual input X budgeted rate 12,000 6,000 Use F for favourable and U for unfavourable:
Variable Fixed 1. Spending variance $ $
2. Efficiency variance _ _ 3. Production-volume variance _ _ 4. Flexible-budget variance _ _ 5. Underallocated (overallocated) manuf. overhead _ _
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 9780131971905
4th Canadian Edition
Authors: Charles T. Horngren, George Foster, Srikant M. Datar, Howard D. Teall
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