Essay
Paul Manufacturers has adopted the following standards: 
Paul's January budget was based on normal volume of 100,000 standard labor hours.During January,Paul produced 26,000 units with records indicating the following data: 
Assuming Paul uses the three-variance method of analyzing factory overhead,compute the following variances for the month of January and indicate whether each is favorable or unfavorable:
a.Factory overhead spending variance
b.Factory overhead production-volume variance
c.Factory overhead efficiency variance
Correct Answer:
Verified
Correct Answer:
Verified
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