You brought your work home one evening, and your nephew spilled his chocolate milk shake...
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You brought your work home one evening, and your nephew spilled his chocolate milk shake on the variance report you were preparing. Fortunately, knowing that overhead was applied based on machine hours, you were able to reconstruct the obliterated information from the remaining data. Fill in the missing numbers below. Note: Round your per machine hour and per unit answers to two decimal places. Indicate the effect of the variance by selecting "Positive" or "Negative". Select "None" and enter for no effect ie zero variance tableStandard machine hours per unit of output,,hoursStandard variableoverhead rate per machine hour,$Actual variableoverhead rate per machine hourActual machine hours per unit of outputBudgeted fixed overhead,$Actual fixed overheadBudgeted production in units,,Actual production in unitsVariableoverhead spending variance,$UnfavorableVariableoverhead efficiency variance,$FavorableFixedoverhead budget variance,$UnfavorableFixedoverhead volume variance,,,PositiveTotal actual overhead,$Total budgeted overhead flexible budgetTotal budgeted overhead static budgetTotal applied overhead,$ 
You brought your work home one evening, and your nephew spilled his chocolate milk shake on the variance report you were preparing. Fortunately, knowing that overhead was applied based on machine hours, you were able to reconstruct the obliterated information from the remaining data. Fill in the missing numbers below.
Note: Round your per machine hour and per unit answers to two decimal places. Indicate the effect of the variance by selecting "Positive" or "Negative". Select "None" and enter for no effect ie zero variance
tableStandard machine hours per unit of output,,hoursStandard variableoverhead rate per machine hour,$Actual variableoverhead rate per machine hourActual machine hours per unit of outputBudgeted fixed overhead,$Actual fixed overheadBudgeted production in units,,Actual production in unitsVariableoverhead spending variance,$UnfavorableVariableoverhead efficiency variance,$FavorableFixedoverhead budget variance,$UnfavorableFixedoverhead volume variance,,,PositiveTotal actual overhead,$Total budgeted overhead flexible budgetTotal budgeted overhead static budgetTotal applied overhead,$
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