Question: Use the following information for the Quick Study below. (Algo) Skip to question [The following information applies to the questions displayed below.] AirPro Corporation reports
Use the following information for the Quick Study below. (Algo)
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[The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period.
| Actual total overhead | $ 28,975 | |
|---|---|---|
| Standard overhead applied | $ 31,000 | |
| Budgeted (flexible) variable overhead rate | $ 2.10 | per unit |
| Budgeted fixed overhead | $ 11,800 | |
| Predicted activity level | 11,800 | units |
| Actual activity level | 10,000 | units |

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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 Enter your answers in the tabs below. Required A Required B QS 21-15 (Algo) Total overhead and controllable variances LO P4 Actual total overhead Standard overhead applied Total overhead variance $ 28,975 $ 31,000 $ $ 2.10 per unit 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 Enter your answers in the tabs below. Required A Required B QS 21-15 (Algo) Total overhead and controllable variances LO P4 Controllable variance $ Actual total overhead Budgeted (flexible) overhead Budgeted variable overhead Budgeted fixed overhead (unchanged) Budgeted (flexible) overhead Controllable variance 28.975 Compute the controllable variance and identify it as favorable or unfavorable. 11,800 11,800 $ 28,975 $ 31,000
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