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*Please Fill in the Blue Outlined Boxes Below, Problem Sections 1-4: Requlred: 1. Prepare flexible overhead budgets for October showing amounts of each variable and
*Please Fill in the Blue Outlined Boxes Below, Problem Sections 1-4:
Requlred: 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%,75%, and 85% capacity evels. 4 overhead 3. Compute the direct labor varlance, Including Its rate and efficlency varlances. Note: Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Rate per hour" answers to two decimal places. Requlred Information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. The standard overhead rate ( $18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. The company incurred the following actual costs when it operated at 75% of capacity in October. 2 Compute the direct materlals varlance, Including Its price and quantity varlances. Note: Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlanceStep by Step Solution
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