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Variable Overhead Variances
Assume that the best cost driver that Sony has for variable factory overhead in the assembly department is machine hours. During April, the company budgeted 680,000 machine hours and $7,000,000 for its Texas plant's assembly department. The actual variable overhead incurred was $7,300,000, which was related to 700,000 machine hours.
Do not round until your final answers. Round your answers to the nearest dollar.
(a) Determine the variable overhead spending variance.
(b) Determine the variable overhead efficiency variance.
Pet Food Company Inc., is incorporated in Delaware, with its principal place of business in Michigan. Alice asks you whether she can sue in federal court. What would you tell her and why?
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a retail clothing company began operations in 2014 with assets of 43800. the following additional data have been taken
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