FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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I need the amount for the Budgeted (flexible) overhead at units produced


*posted this before and the previous expert who answered this question got it wrong, please help.

Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted
activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies
overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH.
$ 53,500
43,500
$ 97,000
Variable overhead
Fixed overhead
Total overhead
a. Compute controllable variance.
b. Compute volume variance.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
Controllable Variance
Actual total overhead
$
99,700
Budgeted (flexible) overhead at units produced
Controllable variance
Unfavorable
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Transcribed Image Text:Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. $ 53,500 43,500 $ 97,000 Variable overhead Fixed overhead Total overhead a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Actual total overhead $ 99,700 Budgeted (flexible) overhead at units produced Controllable variance Unfavorable
Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted
activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies
overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH.
Variable overhead
$ 53,500
Fixed overhead
43,500
Total overhead
$ 97,000
a. Compute controllable variance.
b. Compute volume variance.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)
Volume Variance
Budgeted (flexible) overhead at units produced
Standard overhead applied
87,300
Volume variance
Unfavorable
expand button
Transcribed Image Text:Shaw Incorporated began this period with a budget for 1,070 units of predicted production. The budgeted overhead at this predicted activity follows. At period-end, total actual overhead was $99,700, and actual units produced were 970. The company applies overhead with a standard of 3 DLH per unit and a standard overhead rate of $30 per DLH. Variable overhead $ 53,500 Fixed overhead 43,500 Total overhead $ 97,000 a. Compute controllable variance. b. Compute volume variance. Complete this question by entering your answers in the tabs below. Required A Required B Compute volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Volume Variance Budgeted (flexible) overhead at units produced Standard overhead applied 87,300 Volume variance Unfavorable
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