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Smithson Company manufactures shims. During Line Smithson made too shirts but had budgeted production at 1.850 shirts. Smithson gathered the following additional data (Click on
Smithson Company manufactures shims. During Line Smithson made too shirts but had budgeted production at 1.850 shirts. Smithson gathered the following additional data (Click on the icon to view the data Question Help 0 Read the requirements 13. Calculate the variable overhead cost variance Select the formula then enter the amounts and compute the cost verance for variable overhead (VDH) and identify whether the variance is favorable (F) or unfavorable (U) i Data Table VOH Cost Variance 14. Calculate the variable overhead efficiency variance Select the formula, then enter the amounts and compute the efficiency variance for variable overhead and identify whether the variance is favorable For unfavorable (U) x VOH Liclony Variance Varticle overhead cost standard Drac labor cridanty standard Achat amount of drect labor hours Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead Actual cast of overhead $0.50 por DLH 7.00 DLHE pw shirt 11 280 DLHO S10, 134 $0.30 per DHE $3,885 15. Calculate the total variable overhead variance 33.980 The total variable overhead variance is 16. Calculate the fixed overhead con variance Print Done Select the formula then enter the amounts and compute the cost variance for fixed overhead (FOH and identify whether the variance is favorabie (F) or unfavorable (Ul. bed Overhead Cost Vrance 17. Cuculate the fixed over volume van First, select the formula, then the amounts and compute the fed overhead Allocated to production (Abbreviations used: S standard quantity, AO = chalott - Overead allocated to production Now, select the formula, then enter the amounts and compute the fixed overhead volume variate and idenify whether the variance in favorable (Flor unfavorable (U) Fixed Overhead Volume Wrance = Choose from any lil or enter any number in the input fields and then continue to the next question 18. Calculate the total fixed overhead variance. The total fixed overhead variance is
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