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show steps and answer. put a box around final answer Required information Whe folldwirig information applies to the quesfions displayed berowJ The Platter Valley factory
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Required information Whe folldwirig information applies to the quesfions displayed berowJ The Platter Valley factory of Bybee industries manufactures ficin boats the cost of each bootuncludes durect materiats, direct labor, and manufacturing (factory) overthead The fim traces all direct costs to products, and it assigns. averthead cost to products based on cirect labor hours The company budgeted 510045 variable factory overhend cost. 588.159 for fice facrocy overhead cost and 2.050 direct liabor hours (its practical capacify) to martufacture 4,000 pars of boots in March The factory used 3.800 direct labot hours it March to manufacture 3,900 pairs of boots and spent 516.900 on variabie: overthedd during theimonth. The actual fixed overhead cost incurred for the month was 591,250 The Platter Valley factory of Bybee indius tries uses a fwo varuance analysis of ther fotal factory overthesd vandnce Required. 1 Comptie the toral fiexiblebudget variance id overhead and the production volume variance for March What was the total factory overhead cost yariance for March? Incicate whether each variance is favorable (F) or unfavorable (t)) 2. Determine the three components of the total fexible budget vatarce for overteact iu e ithe vatiable overhead spending variance. the yatable overthead efficiency yeriance, and the fixed overhead spending yenancel, in addion, showr the production volume variarce tor March fndicate whethereach variance. is fovorable (H) or unfovorablefuh Step by Step Solution
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