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Please show work thanks Indigo Coast Manufacturing provided the following information about its standard costing system for 2022: Actual Data Produced 9,210 units Standard Data
Please show work thanks
Indigo Coast Manufacturing provided the following information about its standard costing system for 2022: Actual Data Produced 9,210 units Standard Data Labor 2 hrs. @ $21 per hr Budgeted fixed overhead $104,200 Budgeted variable overhead $30 per unit Budgeted production 10,420 units Labor worked 19,100 hrs.costing $361,000 $396,000 Actual overhead Indigo Coast applies fixed overhead at $10 per unit produced. Determine the amounts of the overhead variances. Identify whether each variance is favorable or unfavorable. Overhead controllable variance $ Overhead volume variance $ Total Overhead Variance $ $ Step by Step Solution
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