Please do not give solution in image format thanku Required information[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 overheadVolume variance(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.Flexible Budget atB0% Capacity54,250Complete this question by entering your answers in the tabs below.$ 298,37554,250$352,625Required 1 Required 2Compute the overhead volume variance. Indicate variance as favorable or unfavorable.Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.Production (in units)OverheadVolume VarianceVariable overheadFixed overheadTotal overheadRequired 1 Required 2Required 1Required information[The following information applies to the questions displayed below]Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and itsstandard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period.Controllable varianceActualResults50,800s 361,100Flexible Budget at80% Capacity54,250$ 298,37554,250$352,625Required 2 >(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.Controllable varianceComplete this question by entering your answers in the tabs below.< Required 1ActualResults50,000$.361,100Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.Required 2

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Description: Please do not give solution in image format thanku Required information[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

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Required information [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 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 B0% Capacity 54,250 $ 298,375 54,250 $352,625 Actual Results 50,800 5 361,100 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.

Required information [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 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 B0% Capacity 54,250 $ 298,375 54,250 $352,625 Actual Results 50,800 5 361,100 Compute the overhead volume variance. Indicate variance as favorable or unfavorable. Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter10: Standard Costing And Variance Analysis

Section: Chapter Questions

Problem 38BEB: Mulliner Company showed the following information for the year: Required: 1. Calculate the standard...

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A company reports the following information for its direct labor. Actual hours of direct labor used (AH) Actual rate of direct labor per hour (AR) Standard rate of direct labor per hour (SR) Standard hours of direct labor for units produced (SH) 72,000 $ 16 $ 15 73,300 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. Actual Cost Standard Cost
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Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. Direct materials (3.0 pounds @ $4.00 per pound) Direct labor (1.8 hours @ $12.00 per hour) $ 12.00 21.60 33.30 Overhead (1.8 hours @ $18.50 per hour) Standard cost per unit $ 66.90 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 Maintenance 30,000 135,000 Total variable overhead costs Fixed overhead costs Depreciation-Building 24,000 70,000 Depreciation-Machinery Taxes and insurance 16,000 Supervisory salaries 254,500 Total fixed overhead costs 364,500