FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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[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
Total Overhead Variance
Actual total overhead
Standard overhead applied
Total overhead variance
$ 28,425
$ 32,860
< Required A
Compute the total overhead variance and identify it as favorable or unfavorable.
$ 2.10 per unit
$ 12,600
Check my work
12,600 units
10,600 units
Required B
>
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Transcribed Image Text:! Required information [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 Total Overhead Variance Actual total overhead Standard overhead applied Total overhead variance $ 28,425 $ 32,860 < Required A Compute the total overhead variance and identify it as favorable or unfavorable. $ 2.10 per unit $ 12,600 Check my work 12,600 units 10,600 units Required B >
Enter your answers in the tabs below.
Required A Required B
Compute the controllable variance and identify it as favorable or unfavorable.
Controllable variance
Actual total overhead
Budgeted (flexible) overhead
Budgeted variable overhead
Budgeted fixed overhead (unchanged)
Budgeted (flexible) overhead
Controllable variance
< Required A
Required B >
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Transcribed Image Text:Enter your answers in the tabs below. Required A Required B Compute the controllable variance and identify it as favorable or unfavorable. Controllable variance Actual total overhead Budgeted (flexible) overhead Budgeted variable overhead Budgeted fixed overhead (unchanged) Budgeted (flexible) overhead Controllable variance < Required A Required B >
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