Question: 1. compute the predetermined overhead rate and break it down into variable and fixed cost elements. (round answer to 2 decimal) predetermined overhead rate: per

1. compute the predetermined overhead rate and break it down into variable and fixed cost elements. (round answer to 2 decimal)

predetermined overhead rate: per mh

variable rate: per mh

fixed rate: per mh

2. what were the standard hours allowed for the gears actual output ( do not round)

3. compute variable overhead spending and effiency variances and the fixed overhead budget and volume variance

The condensed form of Nordstrop Company's flexible budget for manufacturing overhead follows: The following information is available for a recent period: a. The denominator activity of 6,000 machine-hours was chosen to compute the predetermined overhead rate. b. At the 6,000 standard machine-hours level of activity, the company should produce 1,200 units of product. c. The company's actual operating results were as follows

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