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Sheffield Corp. uses flexible budgets. At normal capacity of 13000 units, budgeted manufacturing overheatis: 11000 variable a
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Answer #1
Budgeted overhead costs at actual volume:
Variable 48000 =39000/13000*16000
Fixed 186000
Total 234000
Actual overhead costs 232600
Less: Budgeted overhead costs at actual volume 234000
Difference between actual and budgeted costs 1400 Favorable
Option C $1400 favorable is correct
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