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The following partial information is contained in the variance analysis received from the Western Plant of Eastlawn Company. All plants at Eastlawn apply overhead on
The following partial information is contained in the variance analysis received from the Western Plant of Eastlawn Company. All plants at Eastlawn apply overhead on the basis of direct labor-hours.
Flexible budget for variable overhead based on 3,520 direct labor-hours | $ 98,560 | |
---|---|---|
Actual total overhead incurred | $ 492,300 | |
Actual direct labor-hours worked | 3,592 | |
Direct labor-hours used to determined the fixed overhead application rate | 3,270 | |
Price variance for variable overhead | $ 6,550 | F |
Price variance for fixed overhead | $ 12,414 | U |
Required:
a. Prepare a variable overhead analysis. b. Prepare a fixed overhead analysis.
please provide answer asap by 7:00 tonight.
please make sure that answers are correct
Complete this question by entering your answers in the tabs below. Prepare a variable overhead analysis. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. a. Prepare a variable overhead analysis. b. Prepare a fixed overhead analysis. Complete this question by entering your answers in the tabs below. Prepare a fixed overhead analysis. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either optionStep by Step Solution
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