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Question 7, E10-29A (similar to) HW Score: 0%, 0 of 10 points Homework: Chapter 10 O Points: 0 of 1 Sav Part 1 of 11

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Question 7, E10-29A (similar to) HW Score: 0%, 0 of 10 points Homework: Chapter 10 O Points: 0 of 1 Sav Part 1 of 11 Unique-Cut processes bags of frozen organic vegetables sold at specialty grocery stores. Unique-Cut allocates manufacturing overhead based on direct labour hours. Unique-Cut actually processed 182,500 cases of frozen organic vegetab during the year and incurred $772,500 of manufacturing overhead. Of this amount, $510,000 was fixed. (Click the icon to view the additional data.) Requirements Requirement 1. What is the flexible budget (for the actual output) for variable overhead? For fixed overhead? For total overhead? Unique-Cut Flexible Budget for Actual Outputs Variable manufacturing overhead - X Requirements Fixed manufacturing overhead Total manufacturing overhead 1. What is the flexible budget (for the actual output) for variable overhead? For fixed overhead? For total overhead? 2. How much overhead would have been allocated to production? 3. Use your answer from Requirement 1 to determine the overhead flexible budget variance. What does this tell managers? 4. Use your answer from Requirements 1 and 2 to determine the production volume variance. What does this tell managers? 5. What is the total overhead variance? Print Done

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