Radon Corporation manufactured 25,000 grooming kits for hors…

Radon Corporation manufactured 25,000 grooming kits for horses during March. The following fixed overhead data pertain to March:ActualStatic BudgetProduction33,000 units30,000 unitsMachine-hours6,100 hours6,000 hoursFixed overhead costs for March$153,000$144,000What is the fixed overhead production-volume variance?

Quantum Company uses the high-low method to estimate the cos…

Quantum Company uses the high-low method to estimate the cost function. The information for 2020 is provided below:   Machine-hours Labor Costs Highest observation of cost driver 400 $20,000 Lowest observation of cost driver 100 $8,000 What is the slope coefficient?