Essay
The most recent operating budget for Skipper Company is based on production of 42,000 units with 1.0 machine hour allowed per unit.Variable manufacturing overhead is anticipated to be $20 per unit.Actual production was 45,000 units using 40,000 machine hours.Actual variable cost was $725,000.
Required:
Compute the commonly used variances for a variable over?head report.Do not prepare the report.
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Spending variance = $725,000 -...View Answer
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