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RELIABLE TYPING SERVICE types manuscripts for students, professors, and the general public. A standard of six(6) pages an hour has been established for straight copy
RELIABLE TYPING SERVICE types manuscripts for students, professors, and the general public. A standard of six(6) pages an hour has been established for straight copy that involves no equations or tabulations. The variable cost of operation has been estimated at a standard rate of P6 an hour. The fixed cost to rent an office and to rent computers has been estimated at P12,000 per month. In a normal month, the manager estimates that the business should operate 1,000 hours. During July, 2021, 4,500 pages were typed in 900 hours. Actual variable cost is P7,000 and the fixed cost is in agreement with the budget. Use the above data to answer Hand I, as follows: H. Required computations. Using a flexible typing cost budget, how much is the allowed total budget for the following: 22. Normal time 23. Actual time 24. Standard time 1. Required computations. Using again the flexible typing cost budget, compute for the following: 25. Total applied typing cost 27. Spending variance 29. Fixed efficiency variance 26. Overall variance 28. Capacity variance 30. Variable efficiency variance "Indicate if favorable or unfavorable to get credit
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