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6 accounting help please all parts 3. Compute the direct labor variance, including its rate and efficiency variancos Notet indicate the effect of each variance
6 accounting help please all parts
3. Compute the direct labor variance, including its rate and efficiency variancos Notet indicate the effect of each variance by selecting favorable, unftavorable, or no variance, Round "Rate per hour" answers to two dectimal places: The standard overhead rate ( $18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. The company incurred the following actual costs when it operated at 75% of capecity in October. 2. Compute the direct materials variance, including its price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. 4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Required: 1. Prepare flexable overhead budgets for October showing amounts of each variable and fixed cost at the 65%,75%, and 85% capacity levels. Required information The following information applies to the questions displayed below] Antuan Company sot the following standard costs per unit for its prodact. The standard overthead rate (\$18.50 per diect labor houn is besed on a predicted activity lover or 75% of the factory's capacity of 20,000 units per month. Following are the company/s budgeted overhead costs per month at the 75% capachly level. The company incurred the following actual costs when it operated at 75% of capscty in octobet: Required: Prepare fiexible overhead budgets for October showing amounts of each veriates and fixed cost at the 55,75x, and 85 capscity Step by Step Solution
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