Question: PLEASE ANSWER ASAP Baxter Company sold 8 , 6 0 0 units at $ 1 2 5 per unit. Normal production is 9 , 0
PLEASE ANSWER ASAP
Baxter Company sold units at $ per unit. Normal production is units.
Standard: yards per unit at $ per yard
Standard: hours per unit at $
Standard: Variable overhead at $ per unit
Standard: Fixed overhead $budgeted and actual amount
Actual yards used: yards at $ per yard
Actual hours worked: hours at $ per hour
Actual total factory overhead: $
Prepare an income statement that includes variances for the year ending December through gross profit for Baxter Company using the above information. Enter favorable variances as negative numbers. Do not round fixed overhead rate calculation when determining fixed factory overhead volume variance.
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