Crash Bang, Co$.$ uses a standard cost system and provides the following information:

Standards:

Static budget variable overhead $$5,630\mathrm{.}00.$

Static budget fixed overhead $$22,400\mathrm{.}00.$

Static budget direct labor hours $569$ hours.

Static budget number of units $21,700$ units.

Static budget direct labor hours $0\mathrm{.}016$ hours per unit.

Crash Bang, Co$.$ allocates manufacturing overhead to production based on standard direct labor hours. Crash Bang, Co$.$ reported the following actual results for $2020$:

Actual:

Number of units produced $19,400.$

Actual variable overhead $$5,200\mathrm{.}00$

Actual fixed overhead $$24,740\mathrm{.}00.$

Actual direct labor hours $483.$

$($Round your answers to two decimal places when needed and use rounded answers for all future calculations$).$

$1.$ Compute the variable overhead allocation rates.

Budgeted VOH $?$ Budgeted allocation base $=$ Standard VOH allocation rate

$=$

$2.$ Calculate the variable overhead cost and efficiency variances.

$($AC $?$ SC$)?$ AQ $=$ Variable OH Cost Variance Favorable or Unfavorable

$=$

$($AQ $?$ SQ$)?$ SC $=$ Variable Overhead Efficiency Variance Favorable or Unfavorable

$=$Crash Bang, Co$.$ uses a standard cost system and provides the following information:

Standards:

Static budget variable overhead $$5,630\mathrm{.}00.$

Static budget fixed overhead $$22,400\mathrm{.}00.$

Static budget direct labor hours $569$ hours.

Static budget number of units $21,700$ units.

Static budget direct labor hours $0\mathrm{.}016$ hours per unit.

Crash Bang, Co$.$ allocates manufacturing overhead to production based on standard direct

labor hours. Crash Bang, Co$.$ reported the following actual results for $2020$:

Actual:

Number of units produced $19,400.$

Actual variable overhead $$5,200\mathrm{.}00$

Actual fixed overhead $$24,740\mathrm{.}00.$

Actual direct labor hours $483.$

$($Round your answers to two decimal places when needed and use rounded answers for all

future calculations$).$

Compute the variable overhead allocation rates.

Calculate the variable overhead cost and efficiency variances.