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! Required information Use the following information for the Exercises below. Crystal Glassware Company has the following standards and flexible - budget data. table
Required information Use the following information for the Exercises below. Crystal Glassware Company has the following standards and flexiblebudget data. tableStandard variableoverhead rate,$ per directlabor hourStandard quantity of direct labor, hours per unit of outputBudgeted fixed overhead,$ hnitsBudgeted output, units Actual results for April are as follows: Actual output Actual variable overhead Actual fixed overhead Actual direct labor units $ $ hours EX Algo Straightforward Computation of Overhead Variances LO Required: Use the variance formulas to compute the following variances. Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter for no effect ie zero variance Select "Positive" or "Negative" for the Fixedoverhead Volume variance. table Variableoverhead spending variance,, Variableoverhead efficiency variance,, Fixedoverhead budget variance,, Fixedoverhead volume variance,,
Required information
Use the following information for the Exercises below.
Crystal Glassware Company has the following standards and flexiblebudget data.
tableStandard variableoverhead rate,$ per directlabor hourStandard quantity of direct labor, hours per unit of outputBudgeted fixed overhead,$ hnitsBudgeted output, units
Actual results for April are as follows:
Actual output
Actual variable overhead
Actual fixed overhead
Actual direct labor
units
$
$
hours
EX Algo Straightforward Computation of Overhead Variances LO
Required:
Use the variance formulas to compute the following variances.
Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter for no effect ie zero variance Select "Positive" or "Negative" for the Fixedoverhead Volume variance.
table Variableoverhead spending variance,, Variableoverhead efficiency variance,, Fixedoverhead budget variance,, Fixedoverhead volume variance,,
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