Duvet Company manufactures pillows. The 2017 operating budget was based on production of 25,000 pillows,...
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Duvet Company manufactures pillows. The 2017 operating budget was based on production of 25,000 pillows, with 0.75 machine-hours allowed per pillow. Budgeted variable overhead per hour was $25. Actual production for 2017 was 27,000 pillows using 19,050 machine-hours. Actual variable costs were $23 per machine-hour Calculate the following a. the budgeted variable overhead for 2017 b. the variable overhead spending variance: and c. the variable overhead efficiency variance a. Calculate the budgeted variable overhead for 2017. Duvet Company's budgeted variable overhead for 2017 is S b. Calculate the variable overhead spending variance. (Complete all answer boxes.) Duvet Company's variable overhead spending variance is $ c. Calculate the variable overhead efficiency variance. (Complete all answer boxes.) Duvet Company's variable overhead efficiency variance is S
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