Goldman Company manufactures shirts. During June, Goldman made 1,500 shirls but had budgeted production at 1,575 shirts. Goldman gathered the following additional dala: :: (Click on the icon to view the data.) Read the requirements i Data Table 13. Calculate the variable overhead cost variance. Select the formula, then enter the amounts and compute the cost variance for variable overhead (VOH) and identify whether the variance is favorable (F) or unfavorable (U) = VOH Cost Variance Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual Cost 14. Actual Quantity Sele Standard Cost Standard Quantity erhead efficiency variance. $0.10 per DLHO 3.50 DLHr per shirt 5,360 DLHO $2,144 $0.55 per DLHO $3,032 $3,157 Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead Actual cost of fixed overhead the amounts and compute the efficiency variance for variable overhead and identily whether the variance is favorable (F) or unfavorable (U). TE VOH Efficiency Variance 15. Calculate the total variable overhead variance Print Done The total variable overhead variance is 16. Calculate the fixed overhead cost variance Select the formula, then enter the amounts and compute the cost variance for fixed overhead (FOH) and identify whether the variance is favorable (F) or unfavorable (U). = Fixed Overhead Cost Variance Choose from any list or enter any number in the input fields and then continue to the next question. Goldman Company manufactures shirts. During June, Goldman made 1,500 shirts but had budgeted production at 1,575 shirts. Goldman gathered the following additional data: (Click on the icon to view the data.) Read the requirements. i Data Table 14. Calculate the variable overhead efficiency variance. Select the formula, then enter the amounts and compute the efficiency variance for variable overhead and identify whether the variance is favorable (F) or unfavorable (U). - VOH Efficiency Varlance Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead S0.10 per DLHO 3.50 DLHr per shirt 5,360 DLHr 52,144 S0.55 per DLH $3,032 $3,157 15. Calculate the total variable overhead varlance The total variable overhead variance is Actual cost of fixed overhead 16. Calculate the fixed overhead cost variance Select the formula, then enter the amounts and compute the cost varlance for fixed overhead (FOH) and identify whether the variance is favorable (F) or unfavorable (u). Print Done J = Fixed Overhead Cost Variance 17. Calculate the fixed overhead volume variance First, select the formula, then enter the amounts and compute the fixed overhead allocated to production. (Abbreviations used: SQ = standard quantity, AO = actual output.) = Overhead allocated to production Choose from any list or enter any number in the input fields and then continue to the next question Goldman Company manufactures shirts. During June, Goldman made 1,500 shirts but had budgeted production at 1,575 shirts. Goldman gathered the following additional data: (Click on the icon to view the data.) Read the requirements. i Data Table The total variable overhead variance is 16. Calculate the fixed overhead cost variance Select the formula, then enter the amounts and compute the cost variance for fixed overhead (FOH) and identify whether the variance is favorable (F) or unfavorable (U), = Fixed Overhead Cost Variance Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead Actual cost of fixed overhead S0.10 per DLH 3.50 DLHr per shirt 5,360 DLHO 52,144 50.55 per DLH $3,032 $3,157 17. Calculate the fixed overfiead volume variance First, select the formula, then enter the amounts and compute the fixed overhead allocated to production. (Abbreviations used: SQ = standard quantity, AO = actual output.) = Overhead allocated to production Print Done Now, select the formula, then enter the amounts and compute the fixed overhead volume variance and identify whether the variance is favorable (F) or unfavorable (U). - = Fixed Overhead Volume Variance 18. Calculate the total fixed overhead variance. The total fixed overhead variance is Choose from any list or enter any number in the input fields and then continue to the next