Solution-How much is the spending variance

How much is the spending variance

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Reference no: EM132946851

Problem - Bestman Clothing Company uses direct labor hours method for applying 1 point manufacturing overhead. The overhead application rate for 2021 is P8.60 per hour, based on the anticipated fixed costs of P348,000 and anticipated variable costs of P684,000, with anticipated volume of 120,000 labor hours.During the year, the company actually operated for 115,800 hours, incurring fixed overhead of P348,000 and variable overhead of P637,880. How much is the spending variance? How much is the total variance?

Reference no: EM132946851

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How much is the spending variance

Reference no: EM132946851

Reference no: EM132946851

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