Refer to the information given in Exercise 8-13. Assume that Pet-Care actually produced 120,000 bags of BasicDiet
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Refer to the information given in Exercise 8-13. Assume that Pet-Care actually produced 120,000 bags of BasicDiet and 100,000 of SpecDiet. The actual overhead costs incurred were:
Maintenance $ 40,500 Power 31,700 Indirect labor 119,000 Rent 18,000 Required:
1. Prepare a performance report for the period.
2. Based on the report, would you judge any of the variances to be significant? Can you think of some possible reasons for the variances? lp6
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