The Perry Corporation recorded the following budgeted and actual information relating to fixed overhead costs for its Z−Line of​ products:   Standard fixed overhead per direct labor hour $4.50 Standard direct labor hours per unit 0.75 Budgeted production 3,400 Budgeted fixed overhead costs $11,475.00     Actual production in units 3,700 Actual fixed overhead costs incurred $3,200.00 What is​ Perry's fixed manufacturing overhead volume​ variance?

Required information [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level $ 28,325 $ 32,550 $ 2.10 per unit $ 12,700 12,700 units 10,500 units Compute the volume variance and identify it as favorable or unfavorable. Volume Variance Volume variance

The following information is available for Marigold's Hot Dogs: Actual production Budgeted production Standard direct labor hours Actual direct labor hours Standard variable overhead rate Actual variable overhead costs 11,760 packages 12,500 packages Variable overhead spending variance eTextbook and Media 18 direct labor hours per package Variable overhead efficiency variance 22,208 $82,612 Calculate the variable overhead spending and efficiency variances. (Round answers to O decimal places, eg. 125. If variance is zero, select "Not Applicable and enter O for the amounts) $4 per direct labor hour $

Taft Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production on the basis of machine hours. The following data pertain to one month's operations: Variable manufacturing overhead cost incurred: Total flexible budget variable overhead cost: Standard machine hours allowed for actual production: $68,000 $74,550 3,550 MHs 3,000 MHs Actual machine hours incurred: 9 The variable overhead rate variance is: А. $6,550 Favorable $6,550 Unfavorable $5,000 Favorable В. С. D. $5,000 Unfavorable Е. None of the above

A company has the following information for the month of October. The company applies overhead (OH) costs using standard machine hours as the allocation base. Actual Results Actual variable OH costs Actual fixed OH costs Actual machine hours Actual output Budget (for 1,000 units) Variable OH Fixed OH Budgeted machine hours Q. What $360 Favorable $2,500 $4,700 $1,280 MHS 1,100 units Q. What was the company's VOH efficiency variance for October? Answer. (Click to select) (Click to select) None of the answers are correct $180 Unfavorable Answer. $360 Unfavorable $180 Favorable $2,000 $4,400 1,000 MHS ume variance for October? 4

Preparing a standard cost income statement Use the following information to prepare a standard cost income statement for Whitmer Company for 2021. Cost of Goods Sold at standard $ 367,000 Direct Labor Efficiency Variance $ 18,000 F Sales Revenue at standard 550,000 Variable Overhead Efficiency Variance 3,400 U Direct Materials Cost Variance 8,000 U Fixed Overhead Volume Variance 12,000 F Direct Materials Efficiency Variance 2,800 U Selling and Administrative Expenses 77,000 Direct Labor Cost Variance 42,000 U Variable Overhead Cost Variance 700 F Fixed Overhead Cost Variance 1,900 F

Franklin Company established a predetermined fixed overhead cost rate of $36 per unit of product. The company planned to make 7,700 units of product but actually produced only 7,400 units. Actual fixed overhead costs were $286,100. Required a. Determine the fixed cost spending variance and indicate whether it is favorable (F) or unfavorable (U).

Rexford Components shows the following overhead information for the current period:                Actual overhead incurred $ 105,840 , 2/3 of which is variable Budgeted fixed overhead $ 31,104   Standard variable overhead rate per direct labor-hour $ 27   Standard hours allowed for actual production   2,820 hours Actual labor-hours used   2,640 hours     Required: What are the variable overhead price and efficiency variances and fixed overhead price variance? (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

The following information was gathered for Larsen Corp. for the year ending 20xx.   Budgeted direct labor hours                    15,500 Actual direct labor hours                         16,200 Budgeted factory overhead cost              $73,625 Actual factory overhead cost                   $74,990   -Assume direct labor hours is the cost driver   Required: What is the amount of over/underapplied overhead ? Is the variance over or under estimated ?

The records of Heritage Home Supplies show the following for July: Standard direct labor-hours allowed per unit of output Standard variable overhead rate per standard direct labor-hour Good units produced Actual direct labor-hours worked Actual total direct labor cost Direct labor efficiency variance Actual variable overhead Required: Compute the direct labor and variable overhead price and efficiency variances. $ 34 3,600 13,925 $ 510,200 $ 17,670 F $ 473,450 Note: Do not round Intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Direct labor: Price variance Efficiency variance Variable overhead: Price variance Efficiency variance