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difficult time figuring out how to so this assignment. please add equations. Formatting Table Styles Styles Alignment Clipboard 5. CIS : X fx A A
difficult time figuring out how to so this assignment. please add equations.
Formatting" Table Styles Styles Alignment Clipboard 5. CIS : X fx A A B C D E 1 Labor Variances. Variable Overhead Variances. 2 Tech Company produces computer servers. 3 The company's standards show each server will require 10 hours of direct labor at $20 per hour. 4 Tech's direct labor workforce worked 3,200 hours to produce 300 units during the month of August and was paid $22 per direct labor hour. 5 Variable overhead is allocated to each server based on a standard of $100 per machine hour and 3 machine hours per server. 6 A total of 850 machine hours were used during the month of August and variable overhead costs totaled $96,000. 7 Required: 8 Calculate the labor rate variance for the month of August. 9 Calculate the labor efficiency variance for the month of August. 10 Calculate the variable overhead spending variance for the month of August. 11 Calculate the variable overhead efficiency variance for the month of August.. 14 DL Actual Hours Used X (Actual Rate - Standard Rate) 20.00 17 18 VOH Hr per unit Labor Rate Variance IS per Hr Hr worked S per Unit MH per unit S per MH Labor Hours Variance MHS Cost OH Sper Unit 10-27 10-29 30 31 32 33 10-36 Quiz Type - Standard Rate (Actual Hours - Standard Hours) - 10-21 22 23 24 Quiz Type 2 Quiz Type 3 ENTER BIU -EB A E E Merge & Center - $ % , 8-98 Copy : Format Painter board Conditional Format as Cell Formatting Table Styles Styles Font Alignment Number XV fr Labor Rate Variance = Actual Hours Used X (Actual Rate - Standard Rate) 20.00 Hr per unit Sper Hr Hr worked Sper Unit MH per unit Sper MH MHS Cost OH S per Unit Labor Hours Variance - Standard Rate x (Actual Hours - Standard Hours es Prod Variable Overhead Spending Variance = Actual OH (AHXAR) - (Actual Hours x Standard Rate ) Variable Overhead Efficiency Variance = Standard Rate X (Actual Hours - Standard Hours ) Step by Step Solution
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