Pandom Inc. produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs
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Pandom Inc. produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August 2013:
REQUIRED
Fill in the variances in the table below. Use F for favourable and U for unfavourable.
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Variable Fixed $18,000 14,400 15,000 15,000 Actual costs incurred Costs allocated to products Flexible budget: Budgeted input allowed for $35,700 27,000 actual output produced X budgeted ratıe Actual input X budgeted rate 27,000 31,500 Variable Fixed 1. Rate variance Iciency variance 3. Production-volume variance 4. Flexible-budget variance 5. Underallocated (overallocated) manufacturing overhead
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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