The following information relates to Brook, Inc.'s overhead costs for the month Click the icon to view the information) Requirements 1. Compute the overhead vanances for the month variable overhead cost variance, variable overhead efficiency variance, food overhead cost vanatos, and foed overhead volume variance 2. Explain why the variances are favorable or unfavorable Requirement 1. Compule the overhead variances for the month: variable overhead cost variance, variable overhead efficiency variance, fixed overhead cost varianos, and fixed overhead volume variance Begin by selecting the formulas nended to compute the variable overhead (VOH) and faxed overhead (FOH) variances, and then compute each vanance amount (Actual cost Standard cost) Actual hours VOH cost variance -4150 (Actual hours-Standard hours allowed) Standard cost VOH efficiency variance FOH cost variance Actual overhead Budgeted overhead E Budgeled overhead-Allocated overhead FOH volume variance The following information relates to Brook, Inc.'s overhead costs for the month (Click the icon to view the information) Requirements 1. Compute the overhead variances for the month variable overhead cost variance, vanable overhead officiency var 2. Explain why the variances are favorable or unfavorable Requirement 2. Explain why the variances are favorable or unfavorable The variable overhead cost variance is than budged The variable overhead officiency variance is because Brock actually spent than budgeted because the actual hours used was than budgetod for fixed The fixed overhead cost variance is because Brock actually sport over The fixed overhead volume variance is because Brock allocated overhead to jobs than the bod Data table 1 7,000 3,000 Static budget variable overhead Static budget fixed overhead Static budget direct labor hours Static budget number of units S 1.000 hours 4,000 units Brook alocates manufacturing overhead to production based on standard direct labor hours Last month, Brook reported the following actual results actual variable overhead, $10,100, actual fand overhead, 52810, actual production of 6,800 units at 0.30 direct labor hours per unit. The standard direct labor time is 0.25 direct labor hours por unit (1.000 static direct labor hours/4.000 Print Done The following information relates to Brook, Inc.'s overhead costs for the month Click the icon to view the information) Requirements 1. Compute the overhead vanances for the month variable overhead cost variance, variable overhead efficiency variance, food overhead cost vanatos, and foed overhead volume variance 2. Explain why the variances are favorable or unfavorable Requirement 1. Compule the overhead variances for the month: variable overhead cost variance, variable overhead efficiency variance, fixed overhead cost varianos, and fixed overhead volume variance Begin by selecting the formulas nended to compute the variable overhead (VOH) and faxed overhead (FOH) variances, and then compute each vanance amount (Actual cost Standard cost) Actual hours VOH cost variance -4150 (Actual hours-Standard hours allowed) Standard cost VOH efficiency variance FOH cost variance Actual overhead Budgeted overhead E Budgeled overhead-Allocated overhead FOH volume variance The following information relates to Brook, Inc.'s overhead costs for the month (Click the icon to view the information) Requirements 1. Compute the overhead variances for the month variable overhead cost variance, vanable overhead officiency var 2. Explain why the variances are favorable or unfavorable Requirement 2. Explain why the variances are favorable or unfavorable The variable overhead cost variance is than budged The variable overhead officiency variance is because Brock actually spent than budgeted because the actual hours used was than budgetod for fixed The fixed overhead cost variance is because Brock actually sport over The fixed overhead volume variance is because Brock allocated overhead to jobs than the bod Data table 1 7,000 3,000 Static budget variable overhead Static budget fixed overhead Static budget direct labor hours Static budget number of units S 1.000 hours 4,000 units Brook alocates manufacturing overhead to production based on standard direct labor hours Last month, Brook reported the following actual results actual variable overhead, $10,100, actual fand overhead, 52810, actual production of 6,800 units at 0.30 direct labor hours per unit. The standard direct labor time is 0.25 direct labor hours por unit (1.000 static direct labor hours/4.000 Print Done