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Hi expert please answer same in making table required to put in empty fields Sedona Company set the following standard costs for one unit of

Hi expert please answer same in making table required to put in empty fields

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Sedona Company set the following standard costs for one unit of its product for this year. Direct material (20 Ibs. @ $3.70 per 1b.) $ 74.00 Direct labor (10 hrs. @ $8.80 per hr. ) 88.00 Variable overhead (10 hrs. @ $4.20 per hr. ) 42.00 Fixed overhead (10 hrs. @ $2.30 per hr.) 23.08 Total standard cost $227.Be The $6.50 ($4.20 + $2.30) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 62,000 units per month. The following monthly flexible budget Information is also available. Operating Levels (X of capacity) Flexible Budget 65% 70% 75% Budgeted output (units) 40, 308 43, 408 46, 580 Budgeted labor (standard hours) 403,890 434,808 465,ese Budgeted overhead (dollars) Variable overhead $1, 692,600 $1, 822, 808 $1,953,090 Fixed overhead 998,20 998, 20 998, 290 Total overhead $2, 690, 890 $2, 821,090 $2,951, 200 During the current month, the company operated at 65% of capacity, employees worked 389,000 hours, and the following actual overhead costs were Incurred. Variable overhead costs $1, 650,090 Fixed overhead costs 1, 048, eee Total overhead costs $2, 698,eee AH - Actual Hours SH - Standard Hours AVR = Actual Variable Rate SVR = Standard Variable Rate 1. Compute the variable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume variances and classify each as favorable or unfavorable. 3. Compute the controllable variance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the variable overhead spending and efficiency variances. (Indicate the effect of each variance by selecting for favorable, unfavorable. and no variance. Round "Rate per unit" to 2 decimal places.) Actual Variable OH Cost Flexible Budget Standard Cost (VOH applied) Required 1 Required 2 Required 3 Compute the fixed overhead spending and volume variances and classify each as favorable or unfavorable. (Indicate the effect of sach variance by selecting for favorable. unfavorable, and no variance. Round "Rate per unit" to 2 decimal places.) Actual Fixed OH cost Fixed OH (Fixed Budgeted) Standard Cost (FOH applied) Required 1 Required 2 Required 3 Compute the controllable variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Controllable Variance Controllable variance

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