Iakisthike, SA uses a standard costing system in which direct labor hours is the measure of activity. Data from the company's flexible budget for manufacturing overhead and operations for the most recent period are given below:

• Flexible Budget:Budgeted Level of Activity: 5,600 direct labor hours
• Overhead costs at the Budgeted activity level:
• Variable Overhead Cost: $13,944
• Fixed Overhead Cost: $26,656
• Most Recent period's operations:
• Actual level of activity: 6,200 direct labor hours
• Standard level of activity for output: 6,040 direct labor hours
• Actual total variable overhead cost: $16,182
• Actual total fixed overhead cost: $30,938

PART AWhat is the variable overhead rate variance?Answer

$744 Unfavorable

$672 Unfavorable

$1,142 Unfavorable

$424 Favorable

$2,238 Unfavorable

PART B

What is the variable overhead efficiency variance?Answer

$398 Unfavorable

$1,142 Unfavorable

$2,238 Unfavorable

$1,096 Unfavorable

$1,148 Unfavorable

PART C

What is the fixed overhead budget variance?Answer

$4,282 Unfavorable

$2,188 Unfavorable

$2,856 Unfavorable

$2,094 Unfavorable

$1,426 Unfavorable

PART D

What is the fixed overhead volume variance?Answer

$2,094 Favorable

$2,188 Unfavorable

None

$4,282 Favorable

$4,282 Unfavorable