1 There and for e ca D Direct labor 2000 of maria were purchase a cost of by of the m urdered hours of them w e r 7500 Compute the direct and wa s for the month indicate the Materia variance C 2.The che caring office of pay loans company is upon able to processing all the questa come to the company for payment Manage the company that w e had aretty reportion to the number of labor hours worked in the labor hours are used as the city have when preparing te verhead bus and performance report Data for October, the most recent e bio Achaber hours Standard labor hours allowed for the actual Number of the proceed 1,150 Cost format per loro stored in October Variable overhead 5 0.60 020 Office wpplies Suff coffed lounge Indirect labor Total variable overhead cost 2.30 3.000 3,527 4.64 $ $ Faed overhead at pay loans company consentirely of supervisorylaries and is applied ta rate of $ per direct labor hour Actual and overhead costs totaled 230 in October, while the budget was $7.000 for Required: Prepare an overhead performance report for October for the cheque clearing office that includes both spending and efficiency variances for alle overhead and the budget variance forfoed overhead. indicate the effect of each variance by electing for favorable for unfavorable, and None for no effectie. Zero wariance Payloans company Overhead performance report for the month ended October 31 Overhead costs the controm require about washwarytinou and The presente 1.Comte de renda variances for the date the effect of Mater a c m warence edretendency variances for the moth er better fuori Utenfor one or moet er w teach ell 6- Happy Valley pet products uses a standard costing system that applies overhead to products based on standard direct labor-hours allowed for actual output of the period. During the recent year, the following data were collected: Total budgeted fixed overhead cost for the year Actual fixed overhead cost for the year Budgeted standard direct labor-hours Actual direct labor-hours Standard direct labor-hours allowed for the actual output Required: 1.Compute the fixed portion of the predetermined overhead rate for the year. (Round your answer to 2 decimal places). Predetermined overhead rate per DLH 2.Compute the fixed overhear budget and volume variances. (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect i.e., Zero variance)). Fixed overhead budget variance Fixed overhead volume variance 1 There and for e ca D Direct labor 2000 of maria were purchase a cost of by of the m urdered hours of them w e r 7500 Compute the direct and wa s for the month indicate the Materia variance C 2.The che caring office of pay loans company is upon able to processing all the questa come to the company for payment Manage the company that w e had aretty reportion to the number of labor hours worked in the labor hours are used as the city have when preparing te verhead bus and performance report Data for October, the most recent e bio Achaber hours Standard labor hours allowed for the actual Number of the proceed 1,150 Cost format per loro stored in October Variable overhead 5 0.60 020 Office wpplies Suff coffed lounge Indirect labor Total variable overhead cost 2.30 3.000 3,527 4.64 $ $ Faed overhead at pay loans company consentirely of supervisorylaries and is applied ta rate of $ per direct labor hour Actual and overhead costs totaled 230 in October, while the budget was $7.000 for Required: Prepare an overhead performance report for October for the cheque clearing office that includes both spending and efficiency variances for alle overhead and the budget variance forfoed overhead. indicate the effect of each variance by electing for favorable for unfavorable, and None for no effectie. Zero wariance Payloans company Overhead performance report for the month ended October 31 Overhead costs the controm require about washwarytinou and The presente 1.Comte de renda variances for the date the effect of Mater a c m warence edretendency variances for the moth er better fuori Utenfor one or moet er w teach ell 6- Happy Valley pet products uses a standard costing system that applies overhead to products based on standard direct labor-hours allowed for actual output of the period. During the recent year, the following data were collected: Total budgeted fixed overhead cost for the year Actual fixed overhead cost for the year Budgeted standard direct labor-hours Actual direct labor-hours Standard direct labor-hours allowed for the actual output Required: 1.Compute the fixed portion of the predetermined overhead rate for the year. (Round your answer to 2 decimal places). Predetermined overhead rate per DLH 2.Compute the fixed overhear budget and volume variances. (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect i.e., Zero variance)). Fixed overhead budget variance Fixed overhead volume variance