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please answer this quick A company's total ovcrhead rate of $360 per direct labor hour (DC1) is based on a predicted activity tevel of 3,900
please answer this quick
A company's total ovcrhead rate of $360 per direct labor hour (DC1) is based on a predicted activity tevel of 3,900 units (65% of capacity). The standards for producing one unit are: Varible overhead, 20 hours io 5250 per Di H; and Fixed overhead, 20 hours 6 . 51.10 per DHH. During the current period, the company operated at 60% capacity, and incurred actual variable overhead costs of $175,000 and actual fixed overhead costs of $91,000. Fexible overhead budget information foltews. 1. Compute the total fixed overhead variance. Indicate whether it is favorable or unfavorable. 2. Compute the total variable overhead variance. Indicate whether it is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance Step by Step Solution
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