r 8. Homework. Saved Help Save Exercise 8-19 (Algo) Overhead controllable and volume variances; overhead variance report LO P4 Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 4 DLH per unit. For March, the company planned production of 8,000 units (80% of its production capacity of 10,000 units) and prepared the following budget The company actually operated at 90% capacity (9,000 units) in March and incurred actual total overhead costs of $96,655. Overhead Budget ok nces Production in units Budgeted variable overhead Budgeted fixed overhead 80% Operating Levels 8,000 $ 39,000 $ 54,000 1. Compute the standard overhead rate Hint Standard allocation base at 80% capacity is 30,000 DLH, computed as 8,000 units - 375 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Check my w Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 31 Required 4 Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 30,000 DLH, computed as 8,000 units x4 DLH per unit. (Round your answer to 2 decimal places.) Standard overhead rate 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Overhead variance Overhead variance 10 points 3. Compute the over 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Hint References Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or not variance. Do not round intermediate calculations.) Controllable Variance Actual total overhead Budgeted flexible overhead. Total Controllable variance Complete this question by entering your answers in the tabs below. Required 11 Required 2 Required 3 Required 4 Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Volume variance Volume Variance. < Required 3