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below are the formulas of each 1. 2. 3. 4. Find the following: 1. Variable-overhead efficiency variance 2. Actual hours of input 3. Standard hours

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below are the formulas of each
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Find the following: 1. Variable-overhead efficiency variance 2. Actual hours of input 3. Standard hours of input allowed for output achieved 4. Budgeted-fixed overhead You have been asked to prepare an analysis of the overhead costs in the order processing department of a mail-order company like J. As an initial step you prepare a sumery of some events that ben on overhead for the most recent period. Variable overhead is applied based on hours of processing clerk labor. The standard variable overhead rate per order was 30.04. The rate of orders per hour is regarded as standard productivity per clerk. The total overhead incurred was $200.000, of which $130,400 was foced. The feed overhead spending variance was $2.000 unfavorable. The variable-overhead flexible-budget variance was $9,800 unfavorable. The variable-overhead spending variance was $5,000 favorable Read the requirement Begin by selecting the appropriate formula to use to solve for the amount for items 1-4 then enter your answer is the space provided Label any variances as favorable of unfavorable. (Enteral amounts as positive numbers Abbreviations used: FOH - Fold overhead VOH Variable overhead) 1. Variable-overhead efficiency variance Formula Answer: Atten Read the requirement Late Formula: VOH flessible-budget variance -VOH spending variance 2. Actual hours of input (Round your answer to the nearest whole number.) Formula: (Actual VOH + VOH spending variance) / Standard VOH rate per hour Answer: 3. Standard hours of input allowed for output achieved. (Round your answer to the nearest whole number.) Formula: (Actual VOH + VOH spending variance -VOH efficiency variance) / Standard VOH rate per pour Answer 4. Budgeted foved overhead. Formula Actual FOH - FOH spending variance

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