problem #1

problem #2

Direct Magerials, Direct Laber, and Factory Overhead Cost variance Analysis Ttequired: varlance as a positive number. positive number. and an unfaverable variance as a positive number. Factory Orerhead Cost Variance Report department at 100% of normal capsity of 7,000 hours. 512,040; depreciation of plent and equertent, $33,450; and inturanse and property taxes, 510,210 . Mequilreda an unfavorabie variance as a positive number. Meund yeur per unit computations to the nearest cent, if required. If an amount bos does not require an entry, leave it blank. Tiger Equipment Inc. Factory Overhead Cost Variance Report-Welding Department For the Month Ended May 31 Normal capacity for the month 7,000 hrs. Actual production for the month 7,400 hrs. Actual Budget Unfavorable Variances Favorable Variances Varlable costs: Indirect factory wages Power and light Indirect materials Total variable cost Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead cost Total controllable variances Excess hours used over normal at the standard rate for fixed factory overhead