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part 3 please Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing overhead is $77,350 per month. e

part 3 please

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Norwall Company's budgeted variable manufacturing overhead cost is $1.40 per machine-hour and its budgeted fixed manufacturing overhead is $77,350 per month. e for a recent month: The following information is availabl a. The denominator activity of 22,750 machine-hours is used to compute the predetermined overhead rate b. At a denominator activity of 22,750 machine-hours, the company should produce 9,100 units of product c The company's actual operating results were: of units 9,990 24,198 s 37,494 s 72,70a ced Actual machine-hours Actual variable manufacturing overhead cost Actual fixed manufacturing ead cost Required: 1. Compute the predetermined overhead rate and break it down into variable and fixed cost elements. (Round your answers to 2 decimal places.) 2. Compute the standard hours allowed for the actual production 3. Compute the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Round your intermediate calculations and final answers to 2 decimal places.) Answer is not complete. S480 per MH 1Predetermined overhead rate s 140per MH $ 340 per MH 24975MHs Flxed lement 2 Standard hours alowed for the actual production 3.Variable ovarhead rate variance Variable overhead efficiency variance Fixed overhead budget variance Fixed overhead volume variance 5109900 F 4650.00 OF

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