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Exercise 6-24 Miller Mustard Company manufactures single-serve mustard packets used in fast-food restaurants. Stuart Miller, the companys CFO, prepared the following standard cost card for

image text in transcribedExercise 6-24 Miller Mustard Company manufactures single-serve mustard packets used in fast-food restaurants. Stuart Miller, the companys CFO, prepared the following standard cost card for a box of mustard packets (100 packets in a box), based on expected production of 48,500 boxes. Direct materials $1.33 Direct labor 0.49 Variable overhead 0.33 Fixed overhead 1.31 Total standard cost per box $3.46 During the year, Miller Mustard actually produced 49,543 boxes and incurred $67,900 in fixed manufacturing overhead. Calculate the fixed overhead spending variance.

Exercise t-24 Miller Mustard Company manufactures single-serve mustard packets used in fast-foad restaurants. Stuart Miler, the company's CFO, prepared the following standard cost card for a box of mustard packets (100 packets in a box), based on expected production of 49,500 boxes. Direct materials Direct labor Variable overhead Fixed owerhead 0.49 0.33 1.31 Fxed or Total standard cost per box 53.40 fixed manufacturing During the year, Mller Mustard actualy produced 49,543 boxes and incurred $67,900 in fixed manufacturing overhead. Calculate the fixed overhead spending variance. (I variance is zero, select "Not Applicable" and enter 0 for the amounts.) Fixed overhead spending variance Question Attempts: Unlimited SAVE FOR LATER

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