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Duncanville, Inc., has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards

Duncanville, Inc., has the following overhead standards:

Variable overhead: 4 hours at $8 per hour

Fixed overhead: 4 hours at $10 per hour

The standards were based on a planned activity of 20,000 machine hours. During the year, 5,000 units were scheduled for production. Actual data follow.

Variable overhead incurred actual : $167,750

Fixed overhead incurred actual : $210,000

Machine hours worked: 19,800

Actual units produced: 5,100

Find:

  1. Duncanville's fixed-overhead budget variance.
  2. Duncanville's fixed-overhead volume variance.
  3. Duncanville's variable-overhead spending variance.
  4. Duncanville's variable-overhead efficiency varianc.
  5. The amount of variable overhead that Duncanville applied to production.

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