Question: Refer to the Johnson data in S23-6, S23-7, and S23-9. Requirements 1. Compute the variable and fixed overhead variances. Use Exhibits 23-11 and 23-12 as

Refer to the Johnson data in S23-6, S23-7, and S23-9.
Requirements
1. Compute the variable and fixed overhead variances. Use Exhibits 23-11 and 23-12 as guides.
2. Explain why the variances are favorable or unfavorable.

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