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Please show how to calculate depreciation, supervisory salaries, with work. Thank you! 7 15 points 8.000 Blaze Corp, applies overhead on the basis of direct

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Please show how to calculate depreciation, supervisory salaries, with work. Thank you!

7 15 points 8.000 Blaze Corp, applies overhead on the basis of direct labor hours. For the month of March, the company planned production of 8,000 units (80% of its production capacity of 10,000 units) and prepared the following budget. Operating Levels Overhead Budget 809 Production in units Standard direct labor hours 30,000 Budgeted overhead Variable overhead coats Indirect materials $12,400 Indirect labor 16,200 Power 5,000 Maintenance 5,400 Tatal variable costs 39,000 Pixed averhead casts Rent of factory building 15,000 Depreciation-Machinery Taxes and insurance 2,200 Supervisory salaries 16,500 Total fixed costs 54,000 Total overhead costs $93,000 20,300 During March, the company operated at 90% capacity (9.000 units), and it incurred the following actual overhead costs. Overhead costs (actual) Indirect materials Indirect labor Power Maintenance Rent af factory building Depreciation Machinery Taxes and insurance Supervisory salaries Total actual overhead costs $12,400 16,200 5,625 6,630 15,000 19,500 2,950 18,350 $ 96,655 1. Compute the overhead controllable variance. 2. Compute the overhead volume variance. 3. Prepare an overhead variance report at the actual activity level of 9,000 units. 7 Answer is not complete. Complete this question by entering your answers in the tabs below. 1.5 points Required 1 Required 2 Required 3 Prepare an overhead variance report at the actual activity level of 9,000 units. Classify as favorable or unfavorable. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round intermediate calculations.) Expected production volume Production level achieved BLAZE CORP Overhead Variance Report For Month Ended March 31 80% of capacity 90% of capacity $ 6,750 Favorable Actual Flexible Budget Results Variances Fav. / Unfav. Volume variance Controllable Variance Variable overhead costs: Indirect materials Indirect labor Power 1,550 2,025 13,950 18.225 5,625 6,075 12,400 16.200 5,625 6,630 0 Maintenance 43,875 40,855 15,000 0 Fixed overhead costs: Rent of factory building Depreciation Machinery Supervisory salaries 15,000 19,500 18.350 15,000 58,875 52.850 93,705 Tolal overhead costs $ IS

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