Sucher Company uses a standard cost system in which manufacturing overhead costs are applied to units of product on the basis of standard machine-hours. The company's standards are based on variable manufacturing overhead of $3.2 per machine-hour and fixed manufacturing overhead of $306,800 per year. The denominator level of activity is 29,500 machine-hours. Standards call for 2.2 machine-hours per unit of output. Actual activity and manufacturing overhead costs for the year are given below:

Units produced		12,300	units
Machine-hours used		26,750	machine-hours
Overhead costs incurred:
Variable costs	$	86,870
Fixed costs	$	304,800

Required:

a.	What are the standard hours allowed for the output?

Standard hours

machine hours

b.

What was the variable overhead rate variance? (Input the amount as positive value. Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).Leave no cell blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Rate variance

$

(Click to select) F None U

c.

What was the variable overhead efficiency variance? (Input the amount as positive value.Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Leave no cell blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Efficiency variance

$

(Click to select) None U F

d.

What was the fixed manufacturing overhead budget variance? (Input the amount as positive value.Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Leave no cell blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Budget variance

$

(Click to select) F None U

e.

What was the fixed manufacturing overhead volume variance? (Input the amount as positive value.Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Leave no cell blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)

Volume variance

$

(Click to select) F None U