Problem 15-26 (Algo) Variable and fixed overhead variances-various issues LO 15-5, 15-6 Presented here are the original overhead budget and the actual costs incurred during April for Piccolo Incorporated. Piccolo's managers relate overhead to direct labor hours for planning, control, and product costing purposes, The original budget is based on budgeted production of 10,400 units in 5,200 standard direct labor hours. Actual production of 11,000 units requlred 5,800 actual direct labor hours. Required: a. Calculate the flexed budget allowances for variable and fixed overhead for April. b. Calculate the direct labor efficiency variance for April expressed in terms of direct labon-hours. c. Calculate the predetermined overhead application rate for both variable and fired overhead for April. d. Calculate the fixed and variable overhead applied to production during April if overhead is applied on the basis of standard hours allowed for actual production achieved. e. Calculate the fixed overhead bdget and volume variances for April. f. Calculate the overapplied or underapplied fixed overhead for April. Complete this question by entering your answers in the tabs below. Caiculate the flexed budget allowances for variabie and fixed overhead for April. Note: Da not round intermediate caculatons. Presented here are the original overhead budget and the actuol costs incurred during April for Piccolo incorporated. Piccolo's managers relate overhead to direct labor hours for planning. control, and product costing purposes. The original budget is based on budgeted production of 10,400 units in 5,200 standard direct labor hours. Actual production of 11,000 units required 5,800 actual direct Jabor hours. Required: a. Calculate the flexed budget allowances for variable and fixed overhead for Aprit. b. Calculate the direct labor efficiency variance for April expressed in terms of direct labor hours. c. Cafculate the predetermined overtead application rate for both variable and fived overhead for April. d. Colculate the fixed and voriable overhead applied to production during April if overhead is applied on the basis of standard hours aliowed for actual production achieved. e. Colculate the foxed overhead budget and volume variances for April. 1. Calculate the overenplied or underopplied foced overhead for April. Complete this question by entering your answers in the tabs below. Calculate the foxed and variable overhead applied to production during April if overhesd is epplied on then basls of atandard heirs allowed for actual production acdieved. Presented here are the original overhead budget and the actual costs incurred during April for-Piccolo Incorporated. Piccolo's managers relate overhead to direct labor hours for planning, control, and product costing purposes. The original budget is based on budgeted production of 10,400 units in 5,200 standard direct labor hours. Actual production of 11,000 units required 5,800 actual directlabor hours. Required: a. Calculate the flexed budget allowances for variable and fixed overhead for April, b. Calectate the direct labor efficiency variance for April expressed in terms of direct labor hours. c. Calculate the predetermined overhead application rate for both variable and fixed overhead for April. d. Calculate the fixed and variable overhead applied to production during Aprit if overhead is applied on the basis of standard hours allowed for actual production achieved. e. Calculate the fixed overthead budget and volume varlances for Aprit. i. Calculate the overopplied or underapplied foced overhead for April. Complete this question by entering your answers in the tabs below. Calculate the overapplied or underapplied foxed averhead for April. Note: Do not round intermediate calculations: Problem 15-26 (Algo) Variable and fixed overhead variances-various issues LO 15-5, 15-6 Presented here are the original overhead budget and the actual costs incurred during April for Piccolo incorporated. Piccolo's managers relate overhead to direct labor hours for planning, control, and product costing purposes. The original budget is based or budgeted production of 10,400 units in 5,200 standard direct labor hours. Actual production of 11,000 units required 5,800 actusl direct labor hours. Required: a. Caiculate the flexed budget allowances for variable and fixed overhead for April. b. Calculate the direct labor efficiency variance for April expressed in terms of direct labor hours. c. Colculate the predetermined overhead application rate for both variable and fixed overhead for April. d. Calculate the fixed and variable overhead applied to production during April if overhead is applied on the basis of standard hours allowed for actual production achieved. e. Caiculate the fixed overhead budget and volume variances for April. f. Calculate the overapplied or underapplied fixed overhead for April. Complete this question by entering your answers in the tabs below. Calculate the predetermined overhead application rate for both variable and fixed overhead for April. Note: Round your answers to 2 decimal places. Problem 15-26 (Algo) Variable and fixed overhead variances-various issues LO 15.5, 15-6 Presented here are the original overhead budget and the actual costs incurred during April for Piccolo Incorporated. Piccolo's managers relate overhead to direct labor hours for planning, control, and product costing purposes. The original budget is based on budgeted production of 10,400 units in 5,200 standard direct fabor hours. Actual production of 11,000 units requifred 5,800 actual directlabor hours. Required: a. Calculate the flexed budget allowances for variable and fixed overhead for April. b. Cofculate the direct labor efficiency variance for April expressed in terms of direct labor hours. c. Calculate the predetermined overhead application rate for both variable and fixed overhead for April. d. Calculate the fxed and variable overhead applied to production during April if overhead is applied on the basis of standard hours allowed for actual production achieved. e. Calculate the foxed overhead budget and volume variances for April. 1. Caleulate the overepplied or underapplied fixed overhead for April. Complete this question by entering your answers in the tabs below. Calculate the nxed overtiesd budget and volume variances for April. Note: po not round intermediate calculations. Indicate the effect of eaci vartance by selecting "f for favorabie, "u" for infruprabie, and -Nene" for no effect (i.e., zero variance). Presented here are the original overhead budget and the actual costs incurred during April for Piccolo Incorporated. Piccolo's managers relate overhead to direct labor hours for planning, control, and product costing purposes. The original budget is based on budgeted production of 10,400 units in 5,200 standard direct labor hours. Actual production of 11,000 units required 5,800 actual direct labor hours. Required: a. Calculate the flexed budget allowances for varlable and fixed overhead for April. b. Calculato the direct labor efficiency variance for April expressed in terms of direct labor hours. c. Calculate the predetermined overhead application rate for both varlable and fixed overhead for April. d. Calculate the fixed and variable overhead applied to production during April if overhead is applied on the basis of standard hours allowed for actual production achieved. 2. Caiculate the fixed overhead budget and volume variances for April. i. Calculate the overapplied or underapplied fixed overhead for April. Complete this question by entering your answers in the tabs below. Calculate the direct tabor efficiency variance for April expressed in terms of direct labor hours. Note: Incicote the effect of each variance by selecting "F' for favorable, "U" for unfavorable, and "None" for no effect (lie., zero variance)