Question: Oentman, Inc, utes a standard catting system and develops its overhead rates from the current annual budget. The butget is based on an ekpectes annual

Oentman, Inc, utes a standard catting system and develops its overhead rates from the current annual budget. The butget is based on an ekpectes annual output of 127,005 units requiritg sog, opo. houre nere produced doring the year. Actual varibble overhesd conts fer the Yaar nere 4261,760 , and actual fixed evechead costs were 5556 , 50 . Mequared: 1. Compute the fiaed ovetheed zoending and volume variancet. rued Overtiend Spending variance Fied Overhand volame veriance 2. Cempunt the variable cverhesd spendiog and efficency variences, Do not reund intermediate calculations veriaklo Overhead Spending Variance Variable Dverhead Efficiency Variance

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