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R S.p.A. identifies the following budget and actual information about the production department: Budget cost Cost Budget cost From 51.000 to 80.000 units Actual cost
R S.p.A. identifies the following budget and actual information about the production department:
Budget cost Cost Budget cost From 51.000 to 80.000 units Actual cost From 0 to 50.000 units 50.000 50.000 60.000 Commercial Building depreciation Industrial equipment depreciation 20.000 24.000 25.000 Budgeted production volume: 75.000 units Actual production volume: 49.000 units Budgeted sales volume: 80.000 units Actual sales volume: 78.000 units Determine the following variances. I PRODUCTION VOLUME OVERHEAD VARIANCE: SPENDING OVERHEAD VARIANCE: NET OVERHEAD VARIANCEStep by Step Solution
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