NEED THE CIRCLED PORTION FILLED OUT.

Your next$-$door neighbor recently began a new job as assistant controller for Conundrum Corporation. As her first

assignment, she prepared a performance report for January. She was scheduled to present the report to management

the next morning, so she brought it home to review. As the two of you chatted in the backyard, she decided to show

you the report she had prepared. Unfortunately, your dog thought the report was an object to be fetched. The pup

made a flying leap and got a firm grip on the report. After chasing the dog around the block, you managed to wrest the

report from its teeth. Needless to say, it was torn to bits. Only certain data are legible on the report. This information

follows:

In addition to the fragmentary data still legible on the performance report, your neighbor happened to remember the

following facts.

Planned production of Conundrum's sole product was $400$ units more than the actual production.

All of the direct material purchased in January was used in production.

There were no beginning or ending inventories.

Variable and fixed overhead are applied on the basis of direct$-$labor hours. The fixed overhead rate is $$4\mathrm{.}00$ per hour.

Required:

Feeling guilty, you have agreed to help your neighbor reconstruct the following facts, which will be necessary for her

presentation. $($Do not round your intermediate calculations. Round "Actual variable$-$overhead rate" to $2$ decimal

place, and "Standard direct$-$material quantity per unit" to nearest whole number. Indicate the effect of each

variance by selecting "Favorable" or "Unfavorable". Select "None" and enter $"0"$ for no effect $($i$.$e$.,$ zero variance$).)$

Answer is not complete.