A. Calculate the variable manufacturing overhead variances.

B. Calculate the fixed manufacturing overhead variances.

C. Explain what each variance calculated means and give explanation for each of those variances.

Variables Manufacturing Overhead:

VOH Rate and VOH Efficiency

Fixed Manufacturing Overhead:

FOH Budget and FOH Volume

Standard Price and Volume Standards: Direct materials 19.0 yards per awning at $16.00 per yard Direct labor 3.0 hours per awning at $16.00 per hour Variable MOH standard rate $2.00 per direct labor hour Predetermined fixed MOH standard rate $12.00 per direct labor hour Total budgeted fixed MOH cost $58,400 Print Done i Actual Results Purchased 34,000 yards at a total cost of $540,600 Used 31,100 yards in producing 1,700 awnings Actual direct labor cost of $80,352 for a total of 4,960 hours Actual variable MOH $10,416 Actual fixed MOH $64,400 in Print Done