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Help!! I have read the chapter and nothing makes sense 307 aluation Using Variances from Standard Conts EX 7-17 Factory overhead cost variances Casual Comfort
Help!! I have read the chapter and nothing makes sense
307 aluation Using Variances from Standard Conts EX 7-17 Factory overhead cost variances Casual Comfort Textiles Corporation O F unthe Weavingegan January with a budget for 30,000 hours of ng Department. The department has a full capacity of 40,000 January hours under normal business conditions. The budgeted overhead a at the beginning of January was as follows: t the planned volumes Variable overhead Fixed overhead Total $124,500 62,000 The actual factory overhead was $178,900 for January. The actual fixed factory over- head was as budgeted. During January, the Weaving Department had standard hours at actual production volume of 31,000 hours. a. Determine the variable factory overhead controllable variance. b. Determine the fixed factory overhead volume variance. EX 7-18 Factory overhead variance corrections te Sortine Goods Company's factory overhead cost for the producStep by Step Solution
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