Question: Can you please check question 4 and show work please Crystal Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate. Standard quantity

Can you please check question 4 and show work please
Crystal Glassware Company has the following standards and flexible-budget data. Standard variable-overhead

Crystal Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate. Standard quantity of direct labor Budgeted fixed overhead- Budgeted output Actual results for April are as follows: Actual putput Actual variable overhead Actual fixed overhead Actual direct labor $6 per direct-labor hour 2.0 hours per unit of output $ 146,000 36,500 units 29,200 units $ 467,200 $141,620 73,000 hours EX 11-22 (Algo) Straightforward Computation of Overhead Variances (LO 11-5) Required: Use the variance formulas to compute the following variances. Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Select "Positive" or "Negative" for the Fixed-overhead Volume variance. 1. Variable-overhead spending variance $ 29,200 Unfavorable 2. Variable-overhead efficiency variance 3. Fixed-overhead budget variance $ 87,600 Unfavorable $ 4,380 Favorable 4. Fixed-overhead volume variance $ 29,200 Positive

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!