answer from 4 down

The Vizzini Shop (TVS) specialzes in making fraternity and sororhy tote bags for the college market. TVS produces bags in bateh sizes of 94 . For rush orders, TVS will prodice smailer batches for an additional charge of $172 per setup. Budoeted and actual costs for the production process for 2020 are as follows: (Click the icon to view the budgeted and actual costs.) Read the teguirements. 4. Assuming fixed setup overhead costs are allocated using setup-hours, what is the predetermined fixed setup overhead allocation rate? 5. Does TVS's charge of $172 cover the budgeted variable overhead cost of an order? The budgeted total cost? 6. For direct variable setup costs, compute the price and efficiency variances. 7. For fixed setup overhead costs, compute the spending and the production-volume variances. 8. What qualitative factors should TVS consider before accepting or rejecting a special order? Data table Requirements 1. What is the static budget number of setups for 2020 ? 2. What is the flexible-budget number of setups for 2020 ? 3. What is the actual number of setups in 2020 ? 4. Assuming fixed setup overhead costs are allocated using setup-hours, what is the predetermined fixed setup overhead allocation rate? 5. Does TVS's charge of $172 cover the budgeted variable overhead cost of an order? The budgeted total cost? 6. For direct variable setup costs, compute the price and efficiency variances. 7. For fixed setup overhead costs, compute the spending and the production-volume variances. 8. What qualitative factors should TVS consider before accepting or rejecting a special order