BUDGET DM DL8 15lbs hrs $100/1b $20/hr VOH 22/DL HR Volume 1800 units ACTUALS 3,200,000 total OH Actual Units 1600 292,500 2,450,000 DL 13000hrs DM purchased 25000 lbs DM used 24000lbs ALLOCATION 2,944,000 Total allocated overhead is OH Volume Variance = - 256000 Calcualte Price and efficiency variances for Materials -bought Materials -used Labor Calcualte for Overheads Fixed Overhead costs Volume variance Efficiency Variance Price Variance BUDGET DM DL8 15lbs hrs $100/1b $20/hr VOH 22/DL HR Volume 1800 units ACTUALS 3,200,000 total OH Actual Units 1600 292,500 2,450,000 DL 13000hrs DM purchased 25000 lbs DM used 24000lbs ALLOCATION 2,944,000 Total allocated overhead is OH Volume Variance = - 256000 Calcualte Price and efficiency variances for Materials -bought Materials -used Labor Calcualte for Overheads Fixed Overhead costs Volume variance Efficiency Variance Price Variance