fixed overhead- 68,000

variable overhead- 101,000

variable overhead standard- $12 per hour

variable overhead standard - $2 per hr

fixed overhead $6 per hr

fixed overhead $2 per unit

actual units manufactured- 5,100

Direct Materials Direct Labor Standard Actual Standard Actual 8 $7 $17 $6 6 lbs 6 15 $14 4 lbs 4 10 2 2 hrs 2.5 hrs 0 0 Pounds Per Unit Price Per Pound Pounds Per Unit Price Per Pound Hours Per Unit Price Per Hour Hours Per Unit Price Per Hour Overhead Standard Costs Overhead Actual Costs $20 $15 Rate Per Hour en $10 Fixed Overhead $5 $0 8 hrs $169,000 6 hrs Variable Overhead Hours Per Unit 4 hrs 2 hrs en O hrs Fixed Overhead Variable Overhead Actual Units Manufactured AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate 1. & 2. Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. 3. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. 3. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance. Actual Cost Standard Cost 3. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable. Overhead variance: Actual total overhead Standard overhead applied Overhead variance