Overhead information for Wilts Company is presented. . Actual fixed overhead, $13,110 Actual variable overhead, $5,620 Budgeted fixed overhead, $13,300 Variable overhead rate, $0.80 Fixed overhead rate, $1.90 • Normal capacity hours, 7,000 Standard hours allowed, 6,900 Determine the overhead controllable and the overhead volume variances. Indicate whether they are favorable or unfavorable. Overhead controllable variance $ Overhead volume variance

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in a…