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es Weinsterin, Inc., produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August 2020: (Click the icon
es Weinsterin, Inc., produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August 2020: (Click the icon to view the data.) Requirement Fill in the blanks. Use F for favorable and U for unfavorable: (Click the icon to view the table.) (If no variance exists leave the dollar value blank. Label the variance as favorable (F), unfavorable (U) or never a variance (N).) Variable (1) Spending variance (2) Efficiency variance (3) Production-volume variance (4) Flexible-budget variance 200 U More info $ 3,800 U 700 U $ 4,000 U (5) Underallocated (overallocated) manufacturing overhead 1700 U (1) Spending variance Data table Variable Fixed Actual costs incurred $ 32,000 $ 13,500 Costs allocated to products Flexible budget 28,000 15,200 14,200 Actual input x budgeted rate 31,800 Print Done (2) Efficiency variance (3) Production-volume variance (4) Flexible-budget variance (5) Underallocated (overallocated) manufacturing overhead Print Done Variable Fixed $ - Clear all Final check
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