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POKEMON COMPANY has a STANDARD Variable factory Overhead of P24 per unit and Fixed Factory...

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Accounting

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POKEMON COMPANY has a STANDARD Variable factory Overhead of P24 per unit and Fixed Factory Overhead of P16 per unit which was computed based on an activity of 50,000 units or 100,000 direct labor hours. Actual Variable and Fixed Overhead incurred by POKEMON COMPANY are 633,360 and 450,000 respectively. 109,200 direct labor hours were used to produce 52,000 units. REQUIRED: Compute for 1. Variable overhead variance 2. Variable overhead spending variance 3. Variable overhead efficiency variance is 4. Fixed overhead variance 5. Fixed overhead budget or spending variance 6. Fixed overhead volume or capacity variance

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