Three-Variance Analysis Use the data in Exercise 15-47 for Marilyn, Inc.
Required Use a model similar to the one presented in text Exhibit 15.17 to perform a three-way breakdown of the total overhead variance, as follows:
1. Overhead spending variance.
2. Variable overhead efficiency variance.
3. Production-volume variance
4. Prepare a reconciliation of results from the two-variance and three-variance approaches.
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