Question

Esquire Clothing allocates fixed manufacturing overhead to each suit using budgeted direct manufacturing labour-hours (DMLH) per suit. Data pertaining to fixed manufacturing overhead costs for June 2013 are $62,400 budgeted and $63,916 actual.
REQUIRED
1. Compute the rate variance for fixed manufacturing overhead. Comment on these results.
2. Compute the production-volume variance for June 2013. What inferences can Esquire Clothing draw from this variance?


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  • CreatedJuly 31, 2015
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