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please 16 and 26 Question 16 (6 points) The Chase Company uses standard cost system in which manufacturing overhead costs are applied to products on

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Question 16 (6 points) The Chase Company uses standard cost system in which manufacturing overhead costs are applied to products on a basis of machine-hours. For November, the company's flexible budget for manufacturing overhead showed the following total budgeted costs at the budgeted activity level of 40,000 machine-hours: Variable overhead costs (total): Maintenance Utilities Fixed overhead costs (total): Supervision Depreciation $36,000 $20,000 $24,000 $16,000 During November 42,000 machine-hours were used to complete 13,200 units of product with the following actual overhead costs: Variable overhead costs (total): Maintenance Utilities Fixed overhead costs (total): Supervision Depreciation $43,420 $32,510 $26,970 $ 16,000 The standard time allowed to complete one unit of product is 3.6 machine-hours. The variable overhead spending variance for maintenance cost for November was: a) $7,420 unfavorable. b) $2,400 favorable. c) $9,820 unfavorable. d) $5,620 unfavorable. Question 26 (6 points) The following factory overhead variance analysis pertains to Zoom Company: Variances Variable manufacturing overhead Fixed manufacturing overhead Spending Efficiency $ 7,500 $30,000 F U $28,000 (A) U Production- Volume (B) $80,000 U The total factory overhead flexible budget variance should be a) $50,500 F b) $130,500 u Oc) $50,500 U d) $130,500 F

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