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calculate1- VMOH spending varience 2-VMOH efficiency varience 3- FMOH Flexible budget varience 4- FMOH production volume varience Karim's Furniture uses variance analysis to evaluate manufacturing

image text in transcribedcalculate1- VMOH spending varience
2-VMOH efficiency varience
3- FMOH Flexible budget varience
4- FMOH production volume varience
Karim's Furniture uses variance analysis to evaluate manufacturing overhead in its table factory. The company uses direct labor (DL) hours to allocate MOH costs. The information for overhead expenditures during the month of May is as follows: 14,000 tables $22,400 $3.00 per DL hour Static budgeted output units Static budgeted FMOH Application rate for VMOH Application rate for FMOH Standard quantity of DL hours per table Actual Results: ? 0.2 hours Fixed manufacturing costs incurred Direct manufacturing labour hours used Variable manufacutring costs incurred Actual units manufactured Calculate the VMOH spending variance. $24.000 4,000 hours $11,000 15,000 tables

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