Question: Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] AirPro Corporation reports the
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Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level $ 28, 275 $ 32,860 $ 2.10 per unit $ 12,400 12,400 units 10,600 units Compute the (a total overhead variance and (b) controllable variance and identify each variance as favorable or unfavorable. (Round "Variable amount per unit" to 2 decimal places.) .....Flexible Budget at 12,400 units 10,000 units --Flexible Budget Variable Amount per Total Fixed Cost Unit Variable cost Fixed costs Total flexible budget Controllable Overhead Variance Actual total overhead Total budgeted flexible overhead Controllable overhead variance Compute the volume variance and identify it as favorable or unfavorable. Volume Variance Volume variance
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