1. Actual overhead costs- $350,000 Actual hours 50,000 hrs Standard overhead rate- $6.00/hr. Calculate actual overhead rate& overhead spending variance. 2. Actual overhead costs- $200,000 Actual hours 20,000 hrs Standard overhead rate $9.50/hry Calculate actual overhead rate & spending variance. 3. Actual overhead costs -$150,000 Actual overhead rate $6.00/hr Standard overhead rate- $5.00/hr Calculate actual operating hrs & overhead spending variance. 4. If actual overhead costs is $300,000 and actual labor hours is 60,000 hours; what is the standard overhead 5. If actual overhead costs $1,250,000 and budgeted or standard overhead costs at actual hours is $1,350,000; 6. Standard overhead rate- $3.50 spending variance if standard overhead costs for 60,000 standard hours is $360,000. what is the overhead spending variance? Actual operating hours 20,000 Standard operating hours 18,000 -Calculate overhead efficiency variance 7. Customer served-30,000 Actual operating hours 14,000 hrs Standard operating hours allowed for each customer 2.5 hrs Standard overhead rate-$3.50 Calculate standard operating hours& overhead efficiency variance. 8. Actual overhead costs$300,000 Actual overhead rate $5.00/hr Standard overhead rate -$6.00 Standard operating hours 50,000 hrs Calculate actual operating hours&overhead efficiency variance Actual overhead costs- $500,000 Actual operating hours 80,000 Standard overhead costs for 80,000 standard operating hours is $520,000 Standard operating hours 85,000 Calculate overhead efficiency & spending variance 9