50.1K

Verified Solution

Link Copied!

Exercise 2319 (Algo) Overhead controllable and volume variances LO P4 Blaze Corporation allocates overhead on the basis of DUH and the standard amount per allocation base is 3 DLH per unit. For March, the compary planned production of 10,000 units (80\% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (7.250 units) in March and incurred actual total overhead costs of $779,660. 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 30,000DLH, computed as 10,000 units * 3.00 DLH per unit. 2. Compute the total overhead varance. 3. Compute the overhead controliable variance. 4. Compute the overhead volume variance. Camplete this question by entering your answers in the tabs below, Compute the standard overhead rete. Hint, Standard allocation base at 80% capacity is 30,0000 ott, computed as 10,000 Exercise 23-19 (Algo) Overhead controllable and volume variances LO P4 Elaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3 DLH per unit. For March, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11.250 units) in March and incurred actual total overhead costs of $179.660. 1. Compute the standard overhead rate. Hint Standard allocation base at 80x capacity is 30.000DLH, computed as 10,000 units x 3.00 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below: Compute the total overhead variance. Ind cate the effect of the variance by selectiog favorable, unfavorable, of no variance. Do not round intermediate caiculabons?) Exercise 23-19 (Algo) Overhead controllable and volume variances LO P4 Blaze Corporation allocates overhead on the basis of DLLH and the standard amount per allocation base is 3 DLH per unit. For March, the company planned production of 10,000 units ( 80% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $179,660. 1. Compute the standard overhead rate. Hint Standard allocation base at 80% capacity is 30,000DLH, computed as 10,000 units : 3.00 DLH per unit. 2. Compute the total overhead variance. 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Compute the overhead controlibble variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Exercise 23-19 (Algo) Overhead controllable and volume variances LO P4 Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3 DLH per unit. For March, the company planned production of 10,000 units (80\% of its production capacity of 12,500 units) and prepared the following budget. The company actually operated at 90% capacity (11.250 inits) in March and incurred actual total overhead costs of $179,660. 1. Compute the standard overhead rate. Hint Standard allocation base at 800 capacity is 30,000 DUH, computed as 10.000 units x 3.00 DLH per unil. 2. Compute the total overhead variance, 3. Compute the overhead controllable variance. 4. Compute the overhead volume variance. Complete this question by entering your answers in the tabs below. Compute the overhead volume variance. Ythichte the effect of the variance by selecting faverable, unfavoinble, or no varance. Do not roune intermeoiote ealcutitions.y

Answer & Explanation Solved by verified expert

See Answer