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Dreeme Homes operates a home cleaning service business. It has agreements with clients to clean their homes either once a week or fortnightly and charge
Dreeme Homes operates a home cleaning service business. It has agreements with clients to clean their homes either once a week or fortnightly and charge the clients at an hourly rate. Dreeme Homes allocates variable and fixed overhead costs on the basis of time spent to clean the house. Amanda Fox, the owner of Dreeme Homes, obtains the following information for May 2014 overhead costs: Show the following calculations in a table format: Calculate spending and efficiency variances for Dreeme Homes' variable overhead in May 2014. Calculate the spending variance and production-volume variance for Dreeme Homes' fixed overhead in May 2014
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