Walkenhorst Company's machining department prepared its 2022 budget based on the following data Practical capacity Standard machine hours per unit Standard variable factory overhead Budgeted fixed factory overhead 40,000 units 2 $3.00 per machine hour $ 296,000 The department uses machine hours to apply factory overhead to production in 2022, the department used 86,300 machine hours and incurred $565,000 in total manufacturing overhead cost to manufacture 42,120 units. Actual fixed overhead cost for the year was $308,000 Required: Determine for the year 1. The fixed, variable, and total factory overhead application rates (per machine hour) (Round your answers to 2 decimal places) 2. The total flexible budget, for factory overhead cost based on output achieved in 2022 3. The production volume variance State whether this variance was favorable (F) or unfavorable (U) 4. The total overhead spending variance. State whether this variance was favorable (F) or unfavorable (U) 5. The overhead efficiency variance. State whether this variance was favorable (F) or unfavorable (U) 6. The variable overhead spending variance and the fixed overhead spending variance. State whether each variance is favorable (F) or unfavorable (U) 1 Faxed overhead application rate Variable overhead application rate Total factory overhead application rate 2. Total flexible budget for overhead cost 3 Production volume variance 4 Total overhead spending variance 5 Overhead efficiency vanance 6 Vanable overhead spending variance variance

Echo Amplifiers prepared the following sales budget for the first quarter of 2018: Jan. Feb. Mar. Units BOD Sales price $100 $100 Budgeted sales $80,000 $130,000 $100,000 It also has this additional information related to its expenses: Direct material per unit Direct labor per unit Variable manufacturing overhead per hour Fixed manufacturing overhead per month Sales commissions per unit Sales salaries per month Delivery expense per unit Factory utilities per month Administrative salaries per month Marketing expenses per month Insurance expense per month Depreciation expense per month Budgeted Sales in Units Variable Expenses Sales Commissions 1,300 Delivery Total Variable Expenses Fixed Expenses Sales Salaris $100 Administrative Salaries Marketing Expenses Insurance Expense Depreciation Expense 1,500 Total Fixed Expenses Total Selling and Administrative Expenses $1.50 2 Prepare a sales and administrative expense budget for each month in the quarter ending March 31, 2018. Enter all…

Ivanhoe, Inc. produces men's shirts. The following budgeted and actual amounts are for 2022: Cost Direct materials Direct labor Fixed overhead Budget at 2,650 units $66,250 71.550 39.050 Actual Amounts at 2,950 units $76,500 78,750 38,200

A9