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Question 11: What is the variable overhead rate variance for March? Question 12: What amounts of advertising, sales salaries and commissions, and shipping expenses would
Question 11: What is the variable overhead rate variance for March?
Question 12: What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March?
Question 13: What is the spending variance related to advertising?
Question 14: What is the spending variance related to sales and commissions?
Question 15: What is the spending variance related to shipping expenses?
Requlred Information [The following information applles to the questions displayed below.] Preble Company manufactures one product. its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: The company also establshed the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $8.50 per pound. All of this material was used in production. b. Direct-laborers worked 59,000 hours at a rate of $14.00 per hour. c. Total variable manufacturing overhead for the month was $564,040. d. Total advertising, sales salaries and commissions, and shlpping expenses were $245,000,$475,000, and $155,000 : respectivelyStep by Step Solution
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