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2 (similar to Question Help e Clothing is a manufacturer of designer suits. For June 2017, each suit is budgeted to take 4 labor-hours. The

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2 (similar to Question Help e Clothing is a manufacturer of designer suits. For June 2017, each suit is budgeted to take 4 labor-hours. The budgeted number of suits to be manufactured in June = 1.120. Esquire Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labor-hours per suit. Data pertaining to fixed acturing overhead costs for June 2017 are budgeted, $80,640, and actual, $63,930. In June 2017 there were 1,180 suits started and completed. There were no ing or ending inventories of suits. rements pute the spending variance for fixed manufacturing overhead. Comment on the results. pute the production-volume variance for June 2017. What inferences can Esquire Clothing draw from this variance? rement 1. Compute the spending variance for fixed manufacturing overhead. Comment on the results. by computing the following amounts for the fixed manufacturing overhead. Same Budgeted Lump Sum Regardless of Output Level Flexible Budget: Same Budgeted Lump Sum Regardless of Output Level tual Costs ncurred Allocated Overhead any number in the edit fields and then click Check Answer. Check Answer Clear All rts maining (3)

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