I need help checking my work for the following question.
A company made 1,800 shirts but had budgeted production at
1,950 shirts. The company gathered the following additional?data:
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 $0.30 per DLHr 7.50 DLHr per shirt 13,590 DLHr $6,795 $035 per DLHr $5,119 $5,199 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). ( Standard Cost - Actual Cost ) x Actual Quantity : VOH CostVariance 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). ( Standard Cost - Actual Cost ) x Standard Quantity : VOH EfficiencyVariance 15. Calculate the total variable overhead variance The total variable overhead variance is 2745 . 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). Actual fixed overhead - Budgeted fixed overhead : Fixed Overhead Cost Variance 1?. 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, A0 = actual output.) Overhead allocated to Actual variable overhead x Standard overhead allocation rate = production 13590 x .35 = 4756.5 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). Actual fixed overhead - Allocated fixed overhead = Fixed Overhead Volume Variance 18. Calculate the total fixed overhead variance. The total fixed overhead variance is 2481 unfavorable