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Need help with managerial accounting problem with flexible budget data Crystal Glassware Company has the following standards and flexible - budget data. Standard variable -

Need help with managerial accounting problem with flexible budget data

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Crystal Glassware Company has the following standards and flexible - budget data. Standard variable - overhead rate Standard quantity of direct labor 4 . 80 per direct - labor hour Budgeted Fixed overhead Budgeted output $ 112, 80 0 2 hours per unit of output 28 , 808 units Actual results for April are as follows: Actual output Actual variable overhead 19 , 808 units Actual fixed overhead $ 228, 800 Actual direct labor $105 , 800 55, 808 hours Required :" Use the variance formulas to compute the following variances . ( Indicate the effect of each variance by selecting " Favorable " or* " Unfavorable " . Select " Home " and enter " 0" for no effect li.E .. zero variance ) . !" 1.| Variable - overhead spending variance 2.| Variable - overhead efficiency variance* 3.| Fixed - overhead budget variance* 4.| Fixed - overhead volume variance*

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