Business, 25.08.2020 16:01, breroyalee2584

Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of activity is 7,000 machine-hours. The budgeted fixed manufacturing overhead costs are $245,000. In April, the actual fixed manufacturing overhead costs were $249,900 and the standard machine-hours allowed for the actual output were 7,300 machine-hours. Required: a. Compute the budget variance for April. b. Compute the volume variance for April.

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Wangerin Corporation applies overhead to products based on machine-hours. The denominator level of a...