Wetherbee Tech Services $($WTS$)$ is a chain of computer maintenance technicians for households and small

businesses. The following data are available for last year's services:

WTS recorded $121,200$ tech calls last year. It had budgeted $127,400$ calls, averaging $90$ minutes each.

Standard variable labor and support costs per tech call were as follows:

Direct IT specialist services: $90$ minutes at $$54$ per hour

Variable support staff, supplies, and overhead: $30$ minutes at $$24$ per hour

Fixed overhead costs:

Annual budget $$4,142,400$

Fixed overhead is applied at the rate of $$36\mathrm{.}00$ per call.

Actual tech service call costs:hour $ $9,502,080$

Variable support staff, supplies, and overhead: averaging $40$ minutes per call at

$$22\mathrm{.}50$ per hour x $121,200$ calls

Fixed overhead

$1,818,000$

$4,438,000$Required: $$

a$.$ Prepare a cost variance analysis for each variable cost for last year.

b$.$ Prepare a fixed overhead cost variance analysis.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Prepare a cost variance analysis for each variable cost for last year.

Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting $"$F$"$ for favorable, or $"$U$"$

unfavorable. If there is no effect, do not select either option. Wetherbee Tech Services $($WTS$)$ is a chain of computer maintenance technicians for households and small

businesses. The following data are available for last year's services:

WTS recorded $121,200$ tech calls last year. It had budgeted $127,400$ calls, averaging $90$ minutes each.

Standard variable labor and support costs per tech call were as follows:

Direct IT specialist services: $90$ minutes at $$54$ per hour

Variable support staff, supplies, and overhead: $30$ minutes at $$24$ per hour

Fixed overhead costs:

Annual budget $$4,142,400$

Fixed overhead is applied at the rate of $$36\mathrm{.}00$ per call.

Actual tech service call costs:hour $ $9,502,080$

Variable support staff, supplies, and overhead: averaging $40$ minutes per call at

$$22\mathrm{.}50$ per hour x $121,200$ calls

$1,818,000$

Fixed overhead

$4,438,000$Required:

a$.$ Prepare a cost variance analysis for each variable cost for last year.

b$.$ Prepare a fixed overhead cost variance analysis.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $A$

Required $B$

Prepare a fixed overhead cost variance analysis.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, or $"$U$"$ for unfavorable. If there is no effect,

select either option.