7,9

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 0.5DLH per unit. The company reports the following for this period. Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 26,250DLH, computed as 52,500 units 5DLH per unit. . Compute the standard overhead applied. . Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Mia Wiz sells computers. During May, it sold 400 computers at a $800 per unit price. The fixed budget for May predicted sales of 450 computers at an per unit price of $770. AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price 1\&2. 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.)