Essay
Bugs Be Gone Company manufactures a product effective in controlling beetles.The company uses a standard cost system and a flexible budget.Standard cost of a gallon is as follows:
The flexible budget system provides for $50,000 of fixed overhead at normal capacity of 10,000 direct labor hours.Variable overhead is projected at $1 per direct labor hour.
Actual results for the period indicated the following:
Required:
Correct Answer:

Verified
Correct Answer:
Verified
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