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Restore Company manufactures jeans. In June, Restore made 6 5 0 pairs of jeans, but had budgeted production at 8 0 0 pairs of jeans.
Restore Company manufactures jeans. In June, Restore made pairs of jeans, but had budgeted production at pairs of jeans. The allocation base for overhead costs is direct labor hours. The following additional data is available for the month: Round intermediary calculations to two decimal places and final answers to the nearest whole dollar, $XXX Enter a for any zero balances. For any $ variances, enter NA for the label. Abbreviation used: DLHr per hour of direct labor. View the additional data. Calculate the following variances: The variable overhead cost variance is The variable overhead efficiency variance is The total variable overhead variance is The fixed overhead cost variance is The fixed overhead volume variance is The total fixed overhead variance is Additional Data Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead Actual cost of fixed overhead $ per DLHr DLHr per jean DLHr $ $ per DLHr $ $
Restore Company manufactures jeans. In June, Restore made pairs of jeans, but had budgeted production at pairs of jeans. The allocation base for overhead costs is direct labor hours. The following additional data is available for the month: Round intermediary calculations to two decimal places and final answers to the nearest whole dollar, $XXX Enter a for any zero balances. For any $ variances, enter NA for the label. Abbreviation used: DLHr per hour of direct labor.
View the additional data.
Calculate the following variances:
The variable overhead cost variance is
The variable overhead efficiency variance is
The total variable overhead variance is
The fixed overhead cost variance is
The fixed overhead volume variance is
The total fixed overhead variance is
Additional Data
Variable overhead cost standard
Direct labor efficiency standard
Actual amount of direct labor hours
Actual cost of variable overhead
Fixed overhead cost standard
Budgeted fixed overhead
Actual cost of fixed overhead
$ per DLHr
DLHr per jean
DLHr
$
$ per DLHr
$
$
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