Chapter 8 question 12James Corp. applied overhead on the basis of direct labor hours. For the month of May, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the following overhead budget as seen in the picture A couple more in the 2nd chart Maintenance 4,880Rent of factory 12,000Depreciation machinery 11,800Supervisory salaries 33,500Total actual overhead cost $122,680There's a blue chart with fill in the blanks asking for 1. The overhead controllable variance 2. Overhead volume variance3. Overhead variance report at the actual level of 11,250 units

12 Operating Levels Overhead . Budget 80% Production in units 10,000 Standard direct labor hours 30, 000 Budgeted overhead Variable overhead costs Indirect materials $ 20, 400 points Indirect labor 30,000 Power 6,000 Skipped Maintenance 3,600 Total variable costs 60, 000 Fixed overhead costs eBook Rent of factory building 12, 000 Depreciation-Machinery 11, 800 Hint Supervisory salaries 30, 200 Total fixed costs 54,000 Print Total overhead costs $114, 000 During May, the company operated at 90% capacity (11,250 units) and incurred the following actual overhead costs: Overhead costs (actual) Indirect materials $ 20, 400 Indirect labor 33, 350 Power 6,750 Maintenance 4 8RA Mc