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Hi, please i need help with some answers. thank you Calgary Paper Company produces paper for photocopiers. The company has developed standard overhead rates based

Hi, please i need help with some answers. thank you

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Calgary Paper Company produces paper for photocopiers. The company has developed standard overhead rates based on a monthly capacity of 98,000 direct-labor hours as follows: Standard costs per unit (one box of paper): Variable overhead (4 directlabor hours Q $5 per hour) $20 Fixed overhead (4 direct-labor hours a $8 per hour) 32 Total $52 During April, 25,000 units were scheduled for production; however, only 20,000 units were actually produced. The following data relate to April. 1. Actual direct-labor cost incurred was $1,782,000 for 81,000 actual hours of work. 2. Actual overhead incurred totaled $1,137,400, of which $437,400 was variable and $700,000 was xed. Required: Prepare two exhibits similar to Exhibit 116 and Exhibit 118 in the chapter, which show the following variances. State whether each variance is favorable or unfavorable, where appropriate. 1. Variable-overhead spending variance. 2. Va riable-overhead efficiency variance. 3. Fixedvoverhead budget variance. 4. Fixed-overhead volume variance. Complete this question by entering your answers in the tabs below. eq 1 and 2 Req 3 and 4 ariable-Overhead Spending and Efficiency Variances. (Select "None" and enter "0" for no effect (i.e., zero variance). Round "Actual Rate" and "Standard Rate" to 2 decima Variable-Overhead Spending And Efficiency Variances (Hours = Direct-Labor Hours) (1) (2) (3) (4) Actual Variable Overhead Projected Variable Overhead Flexible Budget: Variable Overhead Variable Overhead Applied To Work-In-Proces ctual Qty Actual Rate Actual Qty (AQ) Standard Standard Allowed Standard X Standard Allowed X X X Standard Ra (AQ) (AVR) Rate (SVR) Qty (SQ) Rate (SVR) Qty (SQ) (SVR) 81,000 X $ 5.40 81,000 X $ 5.00 X $ 5.00 X $ 5.0 hours per hour hours per hour hours per hour hours per hour $ 437,400 $ 405,000 $ 32,400 Unfavorable Unfavorable None Variable-overhead spending variance Variable-overhead efficiency variance No differenceComplete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 and 4 Fixed-Overhead Budget and Volume Variances. (Select "None" and enter "0" for no effect (i.e., zero variance).) Fixed-Overhead Budget And Volume Variances (Hours = Direct-Labor Hours) (1) (2) (3) Actual Fixed Budgeted Fixed Overhead Overhead Fixed Overhead Applied To Work In Process Standard Allowed Standard Fixed- X Hours Overhead Rate X hours per hour $ 0 Fixed-overhead budget variance Fixed-overhead volume variance

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