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For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance. (Enter the results as positive numbers. Label each variance

For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance. (Enter the results as positive numbers. Label each variance as favourable (F) or unfavourable (U).) Antler Manufacturing Overhead Variances Total overhead variance: Actual overhead cost 75000 Standard overhead allocated to production Total overhead variance Overhead flexible budget variance: Actual overhead cost 75000 Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance: Flexible budget overhead for actual outputs Standard overhead allocated to production Production volume variance Requirement 3. 's management intentionally purchased superior materials for November production.

How did this decision affect the other cost variances? Overall, was the decision wise? Explain. The favourable efficiency price variances more than offset the unfavourable efficiency price variances. In total, the favourable efficiency price variances far exceed the unfavourable variances. If the superior materials decreased materials and labour usage, then management's decision was unwise wise

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