Business, 12.08.2020 05:01 fernandaretanaoxwln0

ProChem, Inc., produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August 2017: Variable Fixed
Actual costs incurred 35000 16500
Costs allocated to products 36000 15200
Flexible budget 16000
Actual input x budgeted rate 31500

Fill in the blanks. Use F for favorable and U for unfavorable:

Variable Fixed
a. Spending variance
b. Efficiency variance
c. Production-volume variance
d. Flexible-budget variance
e. Under-allocated (over-allocated) manufacturing overhead

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ProChem, Inc., produces chemicals for large biotech companies. It has the following data for manufac...