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How do I find standard overhead applied, and budgeted (flexible)... PART B. part A. is given below for extra information -thanks! Shaw Incorporated began this
How do I find standard overhead applied, and budgeted (flexible)... PART B.
part A. is given below for extra information -thanks!
Shaw Incorporated began this period with a budget for 1,060 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $98,600, and actual units produced were 960. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 53,000 43,000 $ 96,000 a. Compute controllable variance. b. Compute volume variance. X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance $ 96,000 X Standard overhead applied Budgeted (flexible) overhead at units produced Volume variance 91,000 9,600 X Unfavorable $
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