Problem

Overhead variance, missing information. Consider the following two situations—cases...

Overhead variance, missing information. Consider the following two situations—cases A and B—independently. Data refer to operations for April 2014. For each situation, assume standard costing. Also assume the use of a flexible budget for control of variable and fixed manufacturing overhead based on machine-hours.

Fill in the blanks under each case. [Hint: Prepare a worksheet similar to that in Exhibit 8-4 (page 304). Fill in the knowns and then solve for the unknowns.]

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Solutions For Problems in Chapter 8