Please explain proper steps by Step and Do Not Give Solution In Image Format ? And Fast Answering Please ? Required informationUse the following information for the Exercises below. (Algo)[The following information applies to the questions displayed below.]Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and itsstandard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period.Production (in units)OverheadVariable overheadFixed overheadTotal overheadFlexible Budget at 80%Capacity52,750Required 1 Required 2$ 290,12552,750$ 342,875Exercise 8-18 (Algo) Volume and controllable variances LO P4Volume varianceActualResults(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.48,400Complete this question by entering your answers in the tabs below.Volume Variance$ 341,300Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (Indicate the effect of the varianceby selecting favorable, unfavorable, or no variance.)< Required 1Required 2 > Required informationUse the following information for the Exercises below. (Algo)[The following information applies to the questions displayed below.]Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and itsstandard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period.Production (in units)OverheadVariable overheadFixed overheadTotal overheadFlexible Budget at 80%Capacity52,750Required 1 Required 2$ 290,12552,750$ 342,875Controllable varianceExercise 8-18 (Algo) Volume and controllable variances LO P4(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.ActualResultsComplete this question by entering your answers in the tabs below.48,400Controllable variance$ 341,300Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. (Indicate the effect of thevariance by selecting favorable, unfavorable, or no variance.)< Required 1Required 2 >

Name: Please explain proper steps by Step and Do Not Give Solution In Image
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Please explain proper steps by Step and Do Not Give Solution In Image Format ? And Fast Answering Please ? Required informationUse the following information for the Exercises below. (Algo)[The following information applies to the questions displayed

In standard costing variance means difference between standard costs and actual cost. It is the…

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Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Production (in units) Overhead Variable overhead Fixed overhead Total overhead Flexible Budget at 80% Capacity 52,750 $ 290,125 52,750 $ 342,875 Actual Results 48,400 $ 341,300 Exercise 8-18 (Algo) Volume and controllable variances LO P4 (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.