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Using two-way analysis, what is the budget variance for July 2012? Direct labor hours Variable factory overhead Total factory overhead of 25,000 P 50,000 P
Using two-way analysis, what is the budget variance for July 2012?
Direct labor hours Variable factory overhead Total factory overhead of 25,000 P 50,000 P 5.00 26,000 Actual data for July 2012: Direct labor hours worked Fixed overhead Variable overhead 38,000 100,000 Standard direct labor hours allowed for capacity attained 23,000. Using two-way analysis, what is the budget variance for July 2012?
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
