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Need help with this problem please! Question 24 Rondell Company uses a standard cost system. Indirect costs were budgeted at $190,000 plus $12 per direct
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Question 24 Rondell Company uses a standard cost system. Indirect costs were budgeted at $190,000 plus $12 per direct labour hour. The overhead rate is based on 9,500 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead 8,520 9,500 $175,000 $170,500 Calculate the fixed overhead production volume variance. Fixed overhead production volume variance Calculate the variable overhead spending variance. Variable overhead spending variance s Calculate the variable overhead efficiency variance Variable overhead efficiency varianceStep by Step Solution
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