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please help Exercise 8-19 (Algo) Overhead controllable and volume variances; overhead variance report LO P4 Blaze Corporation allocates overhead on the basis of DLH and
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Exercise 8-19 (Algo) Overhead controllable and volume variances; overhead variance report LO P4 Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2 DLH per unit For March the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget The company actually operated at 90% capacity (11.250 units) in March and incurred actual total overhead costs of $76,335 Overhead Budget B01 Operating Levels Production in unita 10,000 Dudgeted variable overhead $ 32,000 Budgeted fixed overhead $ 42,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacitys 20.000 DLH, computed as 10,000 units 2.00 DLH per unit 2. Compute the total overhead variance 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance, Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 20,000 DLH, computed as 10,000 units X 2 DLH per unit. (Round your answer to 2 decimal places) Standard overhead rate Recuarea 1 Required 2 MULLUM TILVICULIWww Overhead Budget 801 Operating Levels Production in units 10,000 Budgeted variable overhead $ 32,000 Budgeted fixed overhead $ 42,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 20,000 DLH.computed as 10,000 units 2.00 DLH per unit 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. OR ces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round Intermediate calculations.) Controllable Variance Actual total overhead Budgeted flexible overhead Total Controlable variance Chec CALICIDE 0-13 yu vereau LUITIUITQUI ONU VUITTE VOICILE, Uvereau von Le REPUILLU Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 2 DLH per unit. For March the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $76,335 Overhead Budget SON Operating Levels Production in unita 10,000 Budgeted variable overhead $ 32,000 Mudgeted fixed overhead $ 42,000 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 20,000 DLH, computed as 10,000 units 2.00 DLH per unit 2. Compute the total overhead variance 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round Intermediate calculations.) Volume Variance Volume variance Step by Step Solution
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