Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,200 Budgeted fixed factory overhead costs $42,280 Activity level, in direct labor hours 15,100 Actual direct labor hours 18,200 Standard hours for output this period 16,900 Total factory overhead rate $4.40 What is the variable overhead efficiency variance? Enter the amount as positive number. Variable overhead efficiency variance $fill in the blank 1

Subject: acounting

f. Calculate the variable overhead spending variance for Job Alpha    g. Calculate the variable overhead efficiency variance for Job Alpha    h. What is the company’s fixed overhead spending variance

Coronado Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Costs and Production Data Raw materials unit cost Raw materials units Direct labor payroll Direct labor hours Manufacturing overhead incurred Manufacturing overhead applied Machine hours expected to be used at normal capacity Budgeted fixed overhead for June Variable overhead rate per machine hour Fixed overhead rate per machine hour Overhead controllable variance $ Overhead volume variance Actual $ $4.40 11,000 $177,600 14,800 $242,800 Standard $4.30 10,100 $174,420 15,300 Overhead is applied on the basis of standard machine hours. 3.20 hours of machine time are required for each direct labor hour. The jobs were sold for $475,000. Selling and administrative expenses were $40,100. Assume that the amount of raw materials purchased equaled the amount used. Compute the overhead controllable variance and the overhead volume variance. $244,800 49,960 $89,928 $3.20 $1.80…