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ONLY NUMBERS 17 AND 18!! o Goldman Company manufactures shirts. During June, Goldman made 1,600 shirts but had budgeted production at 1,725 shirts. Goldman gathered

ONLY NUMBERS 17 AND 18!!image text in transcribed

o Goldman Company manufactures shirts. During June, Goldman made 1,600 shirts but had budgeted production at 1,725 shirts. Goldman gathered the following additional data: E (Click on the icon to view the data) Read the requirements. i Requirements 15. Calculate the total variable overhead variance The total variable overhead variance is 1620 unfavorable 16. Calculate the fixed overhead cost variance Calculate the following variances: 13. Variable overhead cost variance 14. Variable overhead efficiency variance 15. Total variable overhead variance 16. Fixed overhead cost variance 17. Fixed overhead volume variance 18. Total fixed overhead variance Select the formula, then enter the amounts and compute the cost variance for fixed overhead (FOH) and ide Actual fixed overhead Budgeted fixed overhead Fixed Overhead Cost Variance 4335 4270 65 U Print Done 17. Calculate the fixed overhead volume variance i Data Table First, select the formula, then enter the amounts and compute the fixed overtread allocated to production. (Abbreviations used: SQ = standard quantity, AO = actual output.) = Overhead allocated to production x 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). $1.00 per DLHT 4.50 DLHr per shirt = Fixed Overhead Volume Variance Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cast standard Budgeted fixed overhead Actual cost of fixed overhead 7.350 DLHr S8,820 18. Calculate the total fixed overhead variance. S0.55 per DLHr $4.270 The total fixed overhead variance is $4,335 Choose from any list or enter any number in the input fields and then continue to the next question. Print Done

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