Question
Build a spreadsheet: Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output
Build a spreadsheet: Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output was 9,100 cases, and actual variable overhead was $395,000.
The following data are the actual results for Marvelous Marshmallow Company for October.
Actual output .................................................................................................................................9,000 cases
Actual variable overhead ................................................................................................................$405,000
Actual fixed overhead .....................................................................................................................$122,000
Actual machine time ......................................................................................................................40,500 machine hours
Standard cost and budget information for Marvelous Marshmallow Company follows:
Standard variable-overhead rate ....................................................................................$9.00 per machine hour
Standard quantity of machine hours ...............................................................................4 hours per case of marshmallows
Budgeted fixed overhead ...............................................................................................$120,000 per month
Budgeted output ...........................................................................................................10,000 cases per month
I need help calculating the variable overhead spending variance, variable overhead efficiency variance, fixed overhead budget variance & fixed overhead volume variance of chapter 11, problem 26e step 5 in managerial accounting 9th edition ronald hilton last 4 questions
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