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Shaw Incorporated began this period with a budget for 1,060 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total
Shaw Incorporated began this period with a budget for 1,060 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $98,600, and actual units produced were 960. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead Fixed overhead Total overhead $ 53,000 43,000 $ 96,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no Volume Variance Standard overhead applied Budgeted (flexible) overhead at units produced 91,000 Volume variance Unfavorable
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