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Acoma, Inc, has determined a standard direct materials cost per unit of $780 ( 2 feet * $3.90 per foot). Last month, Acoma purchased and

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Acoma, Inc, has determined a standard direct materials cost per unit of $780 ( 2 feet * $3.90 per foot). Last month, Acoma purchased and used 4,520 feet of direct materials for which it paid \$17.176. The company produced and sold 2.120 units during the month, Calculate the difect materials price, quantity, and spending variances. (Indicate the effect of ench variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero varionce). Round your intermediote calculations to 2 decimal places.) Beverly Company has determined a standard vartable overhead rate of $270 per alrect labor hour and expects to incur aso lobor hour per unit produced. Last month. Beverty incurred 1,050 actual diect labor hours in the production of 2.200 inats. The company. has alse deterinined that its actual varlable overthead rate is $2.40 per direct labor hour. Calculate the variable overhead rate and efliciency variances as well as the total amount of over- or underopplied variable overtiead. (indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Ollve Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Ollve's flexible budget for 5,500,7,500, and 8,500 units. (Round your intermediate calculations to 2 decimal places.)

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