i need calculation 32 Megan, Inc. uses the following standard costs per unit for
ID: 2755436 • Letter: I
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i need calculation
32 Megan, Inc. uses the following standard costs per unit for one of its products: Direct labor (1.70 hrs. @ $4.40/hr.) = $7.48; overhead (1.80 hrs. @ $2.20/hr.) = $3.96. The flexible budget for overhead is $104,000 plus $0.90 per direct labor hour (DLH). Actual data for the month show total overhead costs of $199,000, total fixed overhead of $108,500, 73,600 hours worked, and 36,000 units produced. The fixed overhead spending variance for Megan, Inc. for the month is: 34 Gerhan Company's flexible budget for the units actually manufactured in May shows $14,995 of total factory overhead; this output level represents 66.00% of available capacity. During May the company applied overhead to production at the rate of $2.80 per direct labor hour (DLH), based on a denominator volume level of 5,671 DLHs, which represents 85.00% of available capacity. The company spent 4,700 DLHs and incurred $15,560 of total factory overhead cost during May, including $6,480 for fixed factory overhead. What is the variable factory overhead spending variance in May, assuming Gerhan uses a four-variance breakdown (decomposition) of the total overhead variance? 35 In September, Larson Inc. sold 44,000 units of its only product for $262,000 and incurred a total cost of $249,100, of which $27,300 is fixed costs. The flexible budget for September showed total sales of $330,000. Among variances of the period were: total variable cost flexible-budget variance, $8,700U; total flexible-budget variance, $68,500U; and, sales volume variance, in terms of contribution margin, $29,700U. The total sales revenue in the master budget for September was:Explanation / Answer
32. FOH spendin varaince=BudgetedFOH-Actual FOH=104000-108500=-4500
4500 unfavorarable
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