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Nivola, Inc., produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August Requirement 2017: (Click the icon
Nivola, Inc., produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August Requirement 2017: (Click the icon to view the data) If no variance exists leave the dollar value blank Label the variance as favorable (F), unfavorable (U) or never a variance (N)) (1) Spending variance (2) Efficiency variance (3) Production volume variance (4) Flexible-budget variance. (5) Underallocated (overallocated) manufacturing overhead. Variable 1700 Fixed Data Table Fill in the blanks. Use F for favorable and U for unf (Click the icon to view the table.) X Variable Fixed Actual costs incurred $ 32,500 $13,500 Costs allocated to products 31,000 14,400 Flexible budget 13,400 Actual input budgeted rate 30,800 Print Done
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