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Copy of Extra Credit - 13-67 Straightforward Problem on...

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13-67 Straightforward Problem on Standard Cost System Study Appendix 13. The Winnipeg Chemical Company uses flexible budgets and a standard cos • Direct-labor costs incurred, 12,000 hours, $150,000 • Variable-overhead costs incurred, $1,600, favorable 6 hours Prepare an analysis of all variances (similar to Exhibit 13-11, p. 614). • Fixed-overhead flexible-budget variance,
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