hep Save a 24 Begum Company has developed the following standard overhead costs based on a denominator level of activity of 540,000 direct labour-hours (DLHs): Variable overhead costs Fixed overhead costs 2 DLHs at $4 2 DLHs at $5 $ 8 $10 8 01:42:27 During May, 260,000 units were produced. The following information relates to May's production: 1. The production staff worked 531,500 DLHS. 2. Actual overhead cost incurred totalled $4,724,700 ($2,019,700 variable and $2,705,000 fixed) eBook Required: a) Calculate the expected output in units based on the denominator level of activity. (1 mark) Expected output in units b) Calculate the standard hours allowed for actual production (2 marks) Expected output in units V22 c) What is the flexible budget fixed overhead? (2 marks) Help Save & Exit 24 Expected output in units 01:42:09 d) Calculate the variable overhead variances and indicate if they are favourable (F) or unfavourable (U). (4 marks) Please enter unfavourable and favourable variances as positive numbers. -Book VOH rate variance IVOH efficency variance e) Calculate the fixed overhead variances. (4 marks) Please enter unfavourable and favourable variances as positive numbers. FOH budget variance FOH volume variance f) How much was the variable overhead over- or under-applied for May (1 mark) Please enter unfavourable and favourable variances as positive numbers. Over- or under-applied variable overhead S g) Calculate the predetermined overhead rate if the denominator level of activity was 501 250 DLHs. Assume this activity level is within the relevant range. (1 mark) New predetermined overhead rate