ll.2 Required:Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June:Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zerovariance).DONDirect MaterialDirect LaborVariable OverheadFixed OverheadTotal Manufacturing CostsActual Costs405 units$S17,30028,00010,05013,30068,650SpendingVarianceFlexibleBudget405 unitsVolumeVarianceMaster Budget200 units$$15,80023,8009,80011,90061,300

Name: ll.2 Required:Gleason Guitars produces acoustic guitars. The table bel
Uploaded: 2024-03-20T06:33:06.000Z
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Description: ll.2 Required:Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June:Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no ef

Variance is the difference between Standard Cost and Actual Cost incurred. Variance may be…

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Required: Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct Material Direct Labor Variable Overhead Fixed Overhead Total Manufacturing Costs Actual Costs 405 units $ S 17,300 28,000 10,050 13,300 68,650 Spending Varlance Flexible Budget 405 units Volume Variance Master Budget 200 units $ 15,800 23.800 9,800 11,900 61,300