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Turner corporation produces overdrive transmission parts for several specially automobiles companies. Prior be founding the firm, benson tuner, the company's presendent, had an illustrious stock-car-racing
Turner corporation produces overdrive transmission parts for several specially automobiles companies. Prior be founding the firm, benson tuner, the company's presendent, had an illustrious stock-car-racing carres. After sever serlous injuries, family convinced him that it was time to retire from the sport and pursue a calmer and seller line of work. The company has been operating for just over five years and is beginning to show signs of significant growth. Botson is a planner, and he wants to get a handle on his manufacturing operations before the company's growth becomes his primary The company's plant manager and controller met last week to pull together information that they could present to benson. Although the company produced over 150 different parts, the two of them thought that accumulating detailed data on single typical part would be sufficient for the quickly called meeting. As a consequences, the following data were captured for the last 12 months: Enter all amounts as positive numbers. Do not round your intermediate calculation. What was the budgeted contribution margin per part? What was the actual contribution margin per part? What was the actual contribution margin part? What was turner's flexible budget variance? What was turner direct material price variance? What was turner's direct material usage variance? What was tuner's labor rate variance? What was turner's labor efficiency variance
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