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At the beginning of the year, Waterway Company had budgeted $34,125 for its variable-MOH costs, based on budgeted production of 455 units. Since the company
At the beginning of the year, Waterway Company had budgeted $34,125 for its variable-MOH costs, based on budgeted production of 455 units. Since the company had recently made significant investments in processing automation, it used machine hours to allocate MOH costs. Each unit was expected to use 5 machine hours of processing time. By the end of the year, Waterway had used 2,200 machine hours and had accumulated total variable- MOH costs of $36,520 to process 500 units. Calculate Waterway's variable- MOH price and efficiency variances. Variable-MOH price variance $ Variable-MOH efficiency variance $
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