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Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3.00 DLH per unit. F March, the company
Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3.00 DLH per unit. F March, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the follo budget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $12 Overhead Budget Production in units Budgeted variable overhead Budgeted fixed overhead 80% Operating Levels 1. Compute the standard overhead rate. Hint. Standard allocation base at 80% capacity is 30,000 DLH, computed as 10,000 3.00 DLH per unit. 2. Compute the total overhead variance. 10,000 $ 51,000 $ 66,000 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Required 1 Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 30,000 DLH, computed as 10,000 units x 3.00 DLH per unit. Note: Round your answer to 2 decimal places. Standard overhead rate
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