Best, Inc uses a standard cost system and provides the following information Click the conto vw the information). Best local manufacturing overhead to production based on standard director hours Best reported the following actual rotuits for 2018: actual number of units produced, 1,000, actual variable overtad $3,800, actual fixed overhead. 53.500, actual direct labor hours, 1.800 Read the require Requirement 1. Compute the variable overhead cost and efficiency anons and fixed overed cost and volume Varianco Begin win the variable overhead cost and efficiency verance Select the required forma, compute the variabile overhead cont and cancy variances, and evtly whether each variance is able For unfavorable (U). (Abbreviations used: AC actual con AD actual quantity, FOH te overhead: SC standard cool 30 - standard quart, VOH warble overhead Formula Variance VOH cost variance (AC-SC) AD 200 VOH efficiency variance (AC-SOSC 5.400 F Now compute the feed overhead cost and volume variances Select the roquired formulas, compite the foed Overhead cost and volume variance and contity whor each restavrable (F) unfavorable (U) (Abortions . AC accost AD - acum quantly, FOH dovod, SC standand cost 30-tard query Formula Variance FOH cost variance Actus FOH Bucked FOH 500 FOH volume variance - Dupled FOH Aloch FOH - 2560 Help me solve this Demodocs example Get more help Clear all Check