jasra brothers pvt ltd produces cases of forozon foods .during may 2021 ,the company produced 1500 cases of food and incuurred the following actual costs;

variable overhead $15000

fixed overhead 27000

actual material cost(30000 kg purchased and used) 66000

actual direct labour cost (8000 direct labour hour) 151200

standard cost and annual budget information

direct cost per case

direct labour (5 hour@18) $90.00

direct material(20 kg@$2) 40.00

variable overhead (5 h..s@$1.50) 7.50

fixed overhead(5 hour @3) 15.00

total $152.50

annual budget informaiton

variable overhead $150 000

fixed overhead $300 000

planned activity for year 100 000 direct labour hour

required

indicating whether each variance is favourable or unfavourable

1 variable overhead spending variable.

2 variable overhead efficiency variable.

3 fixed overhead budget variance.

4 fixed overhead volume varience.