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please solve this on your own and please write is it unfavourable or favourable The following data are the actual results for Marvelous Marshmallow Company
please solve this on your own and please write is it unfavourable or favourable
The following data are the actual results for Marvelous Marshmallow Company for August. Actual output 13,500 cases Actual variable overhead $607,500 Actual fixed overhead $183,000 Actual machine time 60,750 machine hours Standard cost and budget information for Marvelous Marshmallow Company follows: 9.00 Standard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead per machine hour 4 hours per case of marshmallows $180,000 per month cases per month Budgeted output 15,000 Required: 1. Use any of the methods explained in the chapter to compute the following variances. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).) A) Variable- Overhead Spending B) Variable overhead efficiency C) Fixed overhead budget variance d) Fixed overhead volume variance Step by Step Solution
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