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Please someone can give more attention for question 3. (3. Compute the overhead controllable and volume variances AND (a) (b), (c).) Thanks!!! Required information The
Please someone can give more attention for question 3. (3. Compute the overhead controllable and volume variances AND (a) (b), (c).)
Thanks!!!
Required information The following information applies to the questions displayed below. Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $4.00 per Ib.) Direct labor (7 hrs. @ $14 per hr.) Factory overhead-variable (7 hrs. $7 per hr.) Factory overhead-fixed (7 hrs. @ $11 per hr.) Total standard cost 120.00 98.00 49.00 77.00 344.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 63,000 units per quarter. The following flexible budget information is available 78% 44,100 308,700 erating Levels 80% 50,400 352,800 90% Production in units Standard direct labor hour Budgeted overhead 56,700 396,900 Fixed factory overhead Variable factory overhead $3,880,800 $3,880,800 $3,880,800 $2,160,900 $2,469,600$2,778,300Step by Step Solution
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