The snowball corp has budgeted fixed overhead costs of

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The Snowball Corp. has budgeted fixed overhead costs of $50,000 per month plus a variable rate of $4 per direct labor hour. The total factory overhead rate is $6. Actual factory overhead in October is $115,000 and 18,000 direct labor hours were reported.

REQUIRED:

A. Compute the total amount of budgeted overhead.

B. Compute the spending variance.

C. Compute the efficiency variance.

Reference no: EM13593200

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