CAN YOU COMPLETE E THROUGH J?

Benson, Inc., a service company, has gathered the following actual data on last year's operations: Units produced..... 25,000 units Actual direct labor..... 20,000 hours @ $9 Actual variable overhead..... $82,000 Actual fixed overhead.... $219,000 Benson uses a standard cost system. The labor standard requires 0.75 hours per unit produced at $8 per hour. At a denominator level of 22, 500 direct labor hours, the company budgets variable manufacturing overhead of $90,000 and fixed manufacturing overhead of $225,000. Benson applies overhead to production on the basis of direct labor hours. Required: Compute the following variances. (Be sure and indicate whether the variances are FAVORABLE or UNFAVORABLE): A. Prepare standard cost card B. Why are there no material variances? C. DL rate variance D. DL efficiency variance E. Variable overhead rate variance F. Variable overhead efficiency variance G. Fixed overhead budget variance H. Fixed overhead volume variance I. Give 2 methods to determine if overhead is under/overapplied...and by how much J. Discuss relationship of the 2 efficiency variances