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Please all the data in the blue box are included. fixed overhe - X pute the tot - Data Table Data Table Direct materials $

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image text in transcribedimage text in transcribedPlease all the data in the blue box are included.

fixed overhe - X pute the tot - Data Table Data Table Direct materials $ 2.90 Number of Outputs (cans) 32.000 35,000 38.000 3,200 3,500 3,800 Direct labour. ariance as 2.60 1.70 Standard machine hours Manufacturing overhead $ 7.20 Standard unit cost Budgeted manufacturing overhead cost: Variable $ 22,400 $ 24,500 $ 26,600 Print Done Fixed 35,000 35,000 35,000 abel the variance as favourable (F) or unfavourable (U).) Walux manufactures paint. The company charges the following standard unit costs to production on the basis of static budget volume of 35,000 cans of paint per month: (Click the icon to view the standard unit costs to production.) Walux actually produced 38,000 cans of paint using 3,130 machine hours. Actual variable overhead was $16,400, and fixed overhead was $36,500. Compute the total overhead variance, the overhead flexible budget variance, and the production volume variance. Walux allocates overhead based on standard machine hours and uses the following monthly flexible budget for overhead: (Click the icon to view the monthly flexible budget for overhead.) Identify the formula labels and compute the total overhead variance. (Enter the result as a positive number. Label the variance as favourable (F) or unfavourable (U).) Total overhead variance: Total overhead variance Overhead flexible budget variance: Overhead flexible budget variance Identify the formula labels and compute the production volume variance. (Enter the result as a positive number. Label the variance as favourable (F) or unfavourable (U).) Production volume variance: Production volume variance otion

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