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answer both parts of this question Creger Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production 2,200 gears
answer both parts of this question
Creger Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production 2,200 gears Standard machine-hours per gear 5.7 machine-hours Budgeted supplies cost $ 6.30 per machine-hour Actual production 1,300 gears Actual machine-hours 8,100 machine-hours Actual supplies cost (total) $ 49,722 Required: Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variances are favorable or unfavorable. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) Variable overhead rato variance Variable overhead efficiency variance Step by Step Solution
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