In: Accounting
|
Jimmy Java manufactures coffee-makers. The following summarized manufacturing overhead information was taken from their ledger accounts for the year ended December 31, 2019.
65,608 |
67,200 |
Fixed manufacturing overhead |
379,440 |
376,320 |
The production manager provided the following additional information:
Required:
For these 2 questions, remember to indicate whether the variance
is favourable or unfavourable (and show calculations):