Three-Variance and Four-Variance Analysis of Factory Overhead (Continuation of Exercises 15-29 and 15-30) The Platter Valley factory of Bybee Industries uses a three-variance analysis of the total factory overhead variance.
Required
1. Use the data given in Exercises 15-29 and 15-30 to compute the total overhead spending variance, the efficiency variance, and the fixed overhead production volume variance.
2. Use your answers for requirement 1 of Exercises 15-29 and 15-30 to determine the spending variances (both variable and fixed), the efficiency variance, and the fixed overhead production volume variance.
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