For Chapter 8 Standard Costing Variances Questions: Unit Standards: DM 20.0 ft @ $ 16.00 foot = $ 320.00 DL 18.0 hours @ $ 18.00 hour = 324.00 VOH 18.0 hours @ $ 8.00 hour 144.00 FOH 18.0 hours @ $ 12.00 hour 216.00 $ 1,004.00 Flexible Budget: @ 14,000 (70%) DM 280,000.0 ft @ $ 16.00 foot 4,480,000.00 DL 252,000.0 hours @ $ 18.00 hour = 4,536,000.00 VOH 252,000.0 hours @ $ 8.00 hour = 2,016,000.00 FOH 252,000.0 hours @ $ 12.00 hour = 3,024,000.00 @ 16,000 (80%) DM 320,000.0 ft @ $ 16.00 foot 5,120,000.00 DL 288,000.0 hours @ $ 18.00 hour = 5,184,000.00 VOH 288,000.0 hours @ $ 8.00 hour = 2,304,000.00 FOH 3,024,000.00 18,000 (90%) DM 360,000.0 ft @ $ 16.00 foot = 5,760,000.00 DL 324,000.0 hours @ $ 18.00 hour 5,832,000.00 VOH 324,000.0 hours @ $ 8.00 hour = 2,592,000.00 FOH 3,024,000.00 Actuals: @ 16,000 DM 352,000.0 ft @ $ 15.50 foot = 5,456,000.00 DL 320,000.0 hours @ $ 17.60 hour 5,632,000.00 VOH 2,656,000.00 FOH 3,520,000.00 i) Planned operation was at 70% of the productive capacity of 20,000 units. ii) Prepare DM, DL, VOH and FOH variance analyses.