(Answered) Question - the following data is given for the walker

Accounting

Question - The following data is given for the Walker Company:

Budgeted production 1,000 units

Actual production 980 units

Overhead:

Actual and budgeted fixed overhead $27,000

Standard variable overhead rate $3.50 per standard direct labor hour

Actual variable overhead costs $15,500

Overhead is applied on standard labor hours.

The factory overhead controllable variance is:

The factory overhead volume variance is:

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