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  3. overhead is applied based on direct labour hours.

Overhead is applied based on direct labour hours. At normal capacity, budgeted fixed overhead costs...

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Question

Accounting

Overhead is applied based on direct labour hours. At normal capacity, budgeted fixed overhead costs were $108,900, and budgeted
variable overhead costs were $49,500.
(a) Calculate the total, price, and quantity variances for materials and labour, and calculate the total, overhead, and volume variances
for manufacturing overhead. (Round per unit calculations to 2 decimal places, e.g.1.25 and final answers to 0 decimal places, e.g.125.)
Materials price variance
$
Materials quantity variance $
Total materials variance
$
Labour price variance
$
]
Labour quantity variance $
Total labour variance
.
Total overhead variance
$
Overhead budget variance $
Overhead volume variance $
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