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Not complete Marked out of 20.00 Flag question OH variances Nelson Co. manufactures a product that requires 3.5 machine hours per unit. The variable and
Not complete Marked out of 20.00 Flag question OH variances Nelson Co. manufactures a product that requires 3.5 machine hours per unit. The variable and fixed overhead rates were computed using expected capacity of 172,800 units (produced evenly throughout the year) and expected variable and fixed overhead costs, respectively, of $2,419,200 and $4,233,600. In October, Nelson manufactured 14,280 units using 50,160 machine hours. October variable overhead costs were $198,000; fixed overhead costs were $353,400. a. What are the standard variable and fixed overhead rates? Standard VOH rate $ 0 per MH Standard FOH rate $ 0 per MH b. Compute the variable overhead variances. Note: Do not use a negative sign with your answer. VOH spending variance $ 0 VOH efficiency variance $ 0 Total VOH variance $ 0 c. Compute the fixed overhead variances. Note: Do not use a negative sign with your answer. FOH spending variance $ 0 FOH volume variance $ 0 Total FOH variance $ 0
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