90.2K

Verified Solution

Link Copied!

pls help and show work step by step thank you.

X Requirements 1. Compute the flexible-budget variance, the spending variance, and the efficiency variance for variable manufacturing overhead. 2. Comment on the results. More info Variable manufacturing overhead cost is allocated to each suit on the basis of budgeted direct manufacturing labor-hours per suit. For June 2020, each suit is budgeted to take 5 labor-hours. Budgeted variable manufacturing overhead cost per labor-hour is $12. The budgeted number of suits to be manufactured in June 2020 is 1,080. Actual variable manufacturing overhead costs in June 2020 were $50,270 for 1,020 suits started and completed. There were no beginning or ending inventories of suits. Actual direct manufacturing labor-hours for June were 4,570. TopNotchClothing is a madacturer of designer. The cost of each sur la the moves variable costs (ne material coded manufacturing or conducting overhead condone fucos caligony manuscturing overhead cotta the con lo sto nematon Read the Requirement 1. Com efeito de varice, the coming van de voeten Begin by computing the flowing out for the man Acholingut Oy Actual Alo the wat Overa Now computer - Varange pedig ind Inly the ency w blachane as wir unter bodout walance van hulle het any a Encenc Requirement. Comment Top- wording van because the writerale per rett mutatum cordour w.. ostanut Requirement 2. Comment on the results Top-Noich had spending variance because the actual variable overhead rate per direct manufacturing labor hour was than the budgeted. It had labor-ho a favorable an unfavorable efficiency variance because each suit average than the budgeted. It had ble overhead rate per direct manufacturing labor-hour was less more than the budgeted. It had efficiency variance because each suit averaged er direct manufacturing labor-hour was an unfavorable a favorable Requirement 2. Comment on the results. Top - Notch had spending variance because the actual variable overhead ra labor-hours than budgeted. more fewer

Answer & Explanation Solved by verified expert

See Answer