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21 E 8 Mia Wiz sells computers. During May. It sold 100 computers at a $1,000 per unit price. The fixed budget for May predicted
21 E
8 Mia Wiz sells computers. During May. It sold 100 computers at a $1,000 per unit price. The fixed budget for May predicted sales of 450 computers at an per unit price of $980 AQ - Actual Quantity SQ - Standard Quantity AP = Actual Price SP- Standard Price 162. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Flexible Budget Budgeted Sales eferences $ $ 0 o 0 9 8 points Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2 DLH per unit. For March the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget The company actually operated at 90% capacity (11.250 units) in March and incurred actual total overhead costs of $97,350. Orechead Budget 10Operating Levels Production in units 10.000 hudgeted variable overhead $.42,000 Dodgeted fixed overhead $ 52,000 1. Compute the standard overhead rato. Hint Standard allocation base at 80% capacity is 20,000 DLH. computed as 10,000 units 2.00 DLH per unit 2. Compute the total overhead variance. 3. Compute the overhead controllable variance 4. Compute the overhead volume variance Book Hint Refereces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 20,000 DLH, computed as 10,000 units X 2 DUH per unit. (Round your answer to 2 decimal places.) Standard overhead rate Required 2 9 8 point Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2 DLH per unit. For March the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11.250 units) in March and incurred actual total overhead costs of $97,350 Overhead Budget 30% Operating Levels Production in units 10.000 Hudgeted variable overhead 542.000 Hadgeted fixed overhead $ 52,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 20,000 DLH, computed as 10,000 units 2.00 DLH per unit 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variancy. Book Hint References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Compute the total overhead variance (Indicate the effect of the variance by selecting favorabile, unfavorable, or nio variance. Do not round intermediate calculations.) Overhead variance Overhead variance 9 Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2 DLH per unit. For March, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget The company actually operated at 90% capacity (11.250 units) in March and incurred actual total overhead costs of $97,350 8 co Overhead Badget Bow Opening Level Production in unst 10,000 mudgeted variable overhead $ 42.000 mudgeted fixed overhead $ 52,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 20.000 DLH computed as 10,000 units 2.00 DLH per unit 2. Compute the total overhead Variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variancy, HA Bence Complete this question by entering your answers in the tabs below. Required Required 2 Required Required 4 Compute the overhead controllable variance (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not found intermediate calculations.) Controllable Variance Actuato overhead Budgeted flexible overhead 0 Total Controllable vanane Step by Step Solution
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