P8-40 (similar to) Question Help Audra's Fleet Feet, Inc., produces dance shoes for stores all over the world. While the pairs of shoes are boxed individually, they are crated and shipped in batches. The shipping department records both variable direct batch-level costs and fixed batch-level overhead costs. The following information pertains to shipping costs for 2017 (Click to view the information.) Read the requirements. Requirement 1. What is the static budget number of crates for 2017? Determine the formula to calculate the amount. Then, enter the amounts in the formula to calculate the static budget number of crates * Requirements IL = Static budget number of crates 1 Data Table . 1. 2. 3. Actual Results 160,000 What is the static budget number of crates for 2017? What is the flexible budget number of crates for 2017? What is the actual number of crates shipped in 2017? Assuming fixed overhead is allocated using crate-packing hours, what is the predetermined fixed overhead allocation rate? For variable direct batch-level costs, compute the price and efficiency variances. For fixed overhead costs, compute the spending and the production-volume variances Static-Budget Amounts 210,000 10 1.6 hours $ 19 $ 84,000 Pairs of shoes shipped Average number of pairs of shoes per crate Packing hours per crate Variable direct cost per hour Fixed overhead cost 6. $ $ 1.7 hour 18 81,500 Print Done Print Done Choose from any drop-down list and then click Check Answer 13 parts 15 remaining Clear All Check