Question: 2 1 points Saved You brought your work home one evening, and your nephew spilled his chocolate milk shake on the variance report you were
2 1 points Saved 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 "0" for no effect (.e, zero variance). Book Standard machine hours per unit of output 4 hours References Standard variable-overhead rate per machine hour Actual variable-overhead rate per machine hour $ 11.00 Actual machine hours per unit of output Mc Budgeted fixed overhead Actual fixed overhead Budgeted production in units $ 54,600 $ 72,100 19,500 Actual production in units Variable-overhead spending variance $ 65,000 Unfavorable Variable-overhead efficiency variance 154,000 Favorable Fixed-overhead budget variance S 17.500 Unfavorable Fixed-overhead volume variance Total actual overhead i $ 687,100 Total budgeted overhead (flexible budget) Total budgeted overhead (static budget) Total applied overhead 748,800 Help Save & Exit Submit Check my work
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