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. Company XYZ has provided the following data about its variable overhead costs and its allocation base, machine hours, for June 2020: Actual Budgeted Output

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. Company XYZ has provided the following data about its variable overhead costs and its allocation base, machine hours, for June 2020: Actual Budgeted Output units 53,700 units 53,700 units Machine hours (MH) 7,300 MH 8,300 MH Variable overhead cost per MH $18.10 per MH $15.30 per MH | You are responsible for analyzing the variable overhead costs and providing all the variance details on the variable overhead cost performance each month. Erin is a new summer intern working with you on this project and when she sees this data, Erin says, "Well, this is an easy task. The company produced exactly what it planned to in June, so there is no need to do any variance analysis on the variable overhead costs. Our output matched what the budget said it would be so there will not be any variable overhead variances this month." a. How would you respond to Erin? Is her assessment correct? Why or why not? b. Identify which, if any, of the variable overhead variances we learned Company XYZ has and explain why. C. What, if anything, should the company focus on improving related to its variable overhead? d. What, if anything, is the company doing well related to its variable overhead

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