QS 23-14 (Algo) Total overhead and controllable variances LO P4

Fogel Company expects to produce and sell 116,000 units for the period. The company's flexible budget for 116,000 units shows variable overhead costs of $162.400 and fixed overhead costs of $129,000. The company incurred actual total overhead costs of $259,800 while producing 109,000 units a. Compute the total variable overhead costs for the flexible budget when producing 109,000 units b. Compute the budgeted (flexible) total overhead when producing 109,000 units c. Compute the controllable variance and identify it as favorable or unfavorable (Round "Variable amount per unit" to 2 decimal places.) Variable Amount per Unit .....Flexible Budget at 116,000 units 109,000 units Total Fixed Cost S 162.400 Variable Costs Fixed Costs Budgeted (flexible) overhead 129,000 $ 291.400 Controllable Variance Controllable variance