Standish Company manufactures consumer products and provided the following information for the month of February: Units produced 131,000

Standard direct labor hours per unit 0.20

Standard xed overhead rate (per direct labor hour) $2.50

Budgeted xed overhead $65,000

Actual xed overhead costs $68,300

Actual hours worked 26,350

3. Calculate the xed overhead spending variance and volume variance using the threepronged graphical approach.

4. What if 129,600 units had actually been produced in February? What impact would that have had on the xed overhead spending variance? On the volume variance?

Note:

Can you please provide a step-by-step explanation (please include all calculations) on how to arrive at the correct answer?

Please provide your answer on spreadsheet as handwriting is difficult to read.