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Compute the factory overhead controllable variance

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Reference no: EM131809009

Question - The following data is given for the Walker Company:

Budgeted production 1,000 units

Actual production 980 units

Overhead:

Actual and budgeted fixed overhead $27,000

Standard variable overhead rate $3.50 per standard direct labor hour

Actual variable overhead costs $15,500

Overhead is applied on standard labor hours.

The factory overhead controllable variance is:

The factory overhead volume variance is:

Reference no: EM131809009

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