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(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. PLEASE
(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.
(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.
PLEASE HELP ME!!
! Required information [The following information applies to the questions displayed below.) Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Flexible Budget Actual at 800 Capacity Results Production (in units) 50,000 44,000 Overhead Variable overhead $ 275,000 Fixed overhead 50,000 Total overhead $ 325,000 $ 305,000 (1) Compute the overhead volume variance Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance Indicate variance as favorable or unfavorable. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Total actual overhead cost Total fixed cost Volume variance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable variance Controllable variance Step by Step Solution
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