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please help ASP Different management levels in Bates, Inc., require varying degrees of managerial accounting information. Because of the need to comply with the managers'
please help ASP
Different management levels in Bates, Inc., require varying degrees of managerial accounting information. Because of the need to comply with the managers' requests, four different variances for manufacturing overhead are computed each month. The information for the September overhead expenditures is as follows: Budgeted output units 3,200 units Budgeted fixed manufacturing overhead Budgeted variable manufacturing per direct labor hour overhead Budgeted direct manufacturing labor hours Fixed manufacturing costs incurred Direct manufacturing labor hours used Variable manufacturing costs incurred Actual units manufactured $20,000 $5 2 hours per unit $26,000 7,200 $35,600 3,400 units Required: Compute a 4-variance analysis for the plant controller. Flexible Actual Budget Input Budgeted Actual Spending Qty. Efficiency Input Qty. Results Variance Variance for Allowed Variance Output Budgeted Rate A) B) K) R) Units Actual or Budgeted Input Qty. Variable Overhead G) M) H) Budgeted Rate C) C P) D) J) e Allocated: Budgeted Input Qty. Production Allowed for Actual . Output Budgeted Rate 3200 units 6400 hours F) Never a Variance Actual or Budgeted Input Qty. Variable Overhead Fixed Overhead G) (H) M) O) T) U) 1) P) V) J) Q) Never a Variance K) R) W) (L) Never a Variance X) 6400 hours S) Y)
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