Calcuiator The standard factory overhead rate is $12 per machine hour ($10 for variable factory overhead and $2 for fixed factory overhead) based on 100% capacity of 42,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 2,000 units were as follows: Actual: Variable factory overhead $350,500 84,000 Fixed factory overhead Standhrd: 35,000 hours @ $12 420,000 Determine the (a) volume variance, (b) controllable variance, and (c) total factory overhead cost variance. a. Volume variance b. Controllable variance c. Total factory overhead cost variance Next Check My Work The following information is given for a company: Process A Process B Units passing inspection 8,800 units 3,000 units Units entering process 10,000 units 5,000 units Calculate the (a) process yield for Process A, (b) process yield for Process B, and (c) overall process yield. Round your answers to one decimal place, if necessary. Process yield for Process A % a. b. Process yield for Process B c. Overall process yield Next Previous Check My Work Standard and actual costs for direct labor for the manufacture of 1,500 units of product were as follows: Actual costs 450 hours @ $17.00 Standard costs 455 hours@ $16.50 Determine the (a) time variance, (b) rate variance, and (c) total direct labor cost variance. Round your answers to two decimal places. a. Time variance b. Rate variance Total direct labor cost variance c. Next Previous