55 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 $129,230 Overhead Budget Production in units Budgeted variable overhead Budgeted fixed overhead 80% Operating Levels 10,000 $58,000 $60,000 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 variance 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 DLH per unit. (Round your answer to 2 decimal places.) Standard overhead rate Required 2 > 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 $129,230. Overhead Budget 90% Operating Levels 10,000 Budgeted variable overhead t $58,000 68,000 Production in unite Budgeted fixed overhead 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 variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Overhead variance Overhead variance 12:33 Overhead Budget Production in unite Budgeted variable overhead Budgeted fixed overhead 30% Operating Levels 10,000 $58,000 $ 68,000 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 variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the overhead controllable variance. (Indicate the affect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Actual total overhead Budgeted flexible overhead Controllable Variance Total Controllable variance 11:32:34 Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation baise 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 $129,230 Overhead budget Production in units Budgeted variable overhead Budgeted fixed overhead 30% Operating Levels 10,000 60,000 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 variance. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or not variance. Do not round intermediate calculations.) Volume Varlance Volume variance