I need fast help in these questions. I have only 20 minutes. Please do them fast and 100% correct. Please do not make mistake, dont show any explanation please, just post the final correct answer.
27 Question 9 Griffen Corporation uses a standard costing system. Information for the month of May is as follows: 4.16 points $80,000 10,000 hrs Actual manufacturing overhead costs ($25,000 is foed) Direct labor Actual hours worked 12,000 hrs Standard hours allowed for actual production Average actual labor cost per hour $18.00 The overhead rate is based on a normal volume of 12,000 direct labor hours. Standard cost data at 12,000 direct labor hours were as follows: Variable overhead $48.000 Fixed overhead 24,000 $72.000 Total overhead What is the fixed overhead spending variance for Griffen? $2,000 U 58.000 Direct labor Actual hours worked Standard hours allowed for actual production Average actual labor cost per hour 12.000 hrs 10,000 hrs $18.00 The overhead rate is based on a normal volume of 12,000 direct labor hours. Standard cost data at 12,000 direct labor hours were as follows: Variable overhead 548.000 Fixed overhead 24.000 Total overhead $72,000 What is the fixed overhead spending variance for Griffen? $2,000 U 58,000 U $4.000 U $20,000 U Question 10 Gina Production Company uses a standard costing system. The following information pertains to the current year: 4.16 points Server Actual overhead costs (516,500 is fixed) Actual direct labor costs (11,250 hours) $40,125 $131,625 Standard direct labor for 5,500 units: Standard hours allowed 11,000 hours Labor rate $12.00 The overhead rate is based on an activity level of 10,000 hours. Standard cost data for 5,000 units is as follows: Variable overhead $22.500 Fixed overhead 13.500 Total overhead $36.000 What is the fixed overhead volume variance for Gina Production Company? SI 350 U $4.125 U Standard direct labor for 5.500 units 25 Standard hours allowed Laborate 11.000 hours $12.00 The overhead rate is based on an activity level of 10,000 hours. Standard cost data for 5,000 units is as follows: Variable overhead Fixed overhead $22.500 13.500 $36.000 Total overhead What is the fixed overhead volume variance for Gina Production Company? S1.350 U S4.125 U $3,600 F $1,350 F
