Required information [The following information applies to the questions displayed below.) Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit . The company reports the following for this period. Flexible Budget at BON Capacity Results Production (in units) 50,800 Overhead Variable overhead $ 298,375 Fixed overhead Total overhead $ 361,100 Actual 54,250 54,250 $352,625 1. Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity's 27125 DLH, computed as 54.250 units 0.5 DLH per unit. 2. Compute the standard overhead applied. 3. Compute the total overhead variance (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) 1. Standard overhead rate 2. Standard overhead applied 3. Overhead variance Required Information [The following information applies to the questions displayed below.) Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Flexible Budget at Bo Capacity 54,250 Actual Results 50.800 Production (in units) Overhead Variable overhead Fixed overhead Total overhead $ 298,375 54,250 $ 352,625 $ 361,100 (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead volume variance Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance) Volume Variance Volume variance Required information [The following information applies to the questions displayed below.) Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Flexible Budget at 808 Capacity 54,250 Actual Results 50, 800 Production (in units) Overhead Variable overhead Fixed overhead Total overhead $ 298,375 54,250 $ 352,625 $361,100 (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Overhead Controllable Variance Overhead controllable variance
