The following data are the actual results for Marvelous Marshmallow Company for August. Actual output 8,000 cases Actual variable overhead $ 427,000 Actual fixed overhead $ 149,000 Actual machine time 33,400 machine hours Standard cost and budget information for Marvelous Marshmallow Company follows: Standard variable-overhead rate $ 12.00 per machine hour Standard quantity of machine hours 4 hours per case of marshmallows Budgeted fixed overhead $ 144,000 per month Budgeted output 12,000 cases per month Required: 1. Use any of the methods explained in the chapter to compute the following variances. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).)

The following data are the actual results for Marvelous Marshmallow Company for August. Actual output Actual variable overhead Actual fixed overhead Actual machine time 8,000 cases $427,000 $149,000 33,400 machine hours Standard cost and budget information for Marvelous Marshmallow Company follows Standard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead Budgeted output $ 12.00 per machine hour 4 hours per case of marshmallows $144,000 per month 12,000 cases per month Required 1. Use any of the methods explained in the chapter to compute the following variances. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance).) a Variable-overhead spending Unfavorable Unfavorable Unfavorable Unfavorable ariance Variable-overhead efficiencv variance c. Fixed-overhead budget variance d. Fixed-overhead volume variance