Please compute controllable variance and volume variance. Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predictedactivity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company appliesoverhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH.Variable overhead$ 53,500Fixed overhead43,500Total overhead$ 97,000a. Compute controllable variance.b. Compute volume variance.Complete this question by entering your answers in the tabs below.Required ARequired BCompute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)Controllable VarianceControllable variance

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Description: Please compute controllable variance and volume variance. Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predictedactivity follows. At period-end, total actual overhead was $99

Variance analysis is an evaluation of the discrepancy between actual and planned data. The sum of…

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Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predict activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 53,500 43,500 $ 97,000 Variable overhead Fixed overhead Total overhead a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below.

Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predict activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 53,500 43,500 $ 97,000 Variable overhead Fixed overhead Total overhead a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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