How much is the Variable Spending 2 points Variance? Algers company produces dry fertilizer. At the beginning of the year, Alger had the following standard cost sheet: Direct Materials (5lbs @P 2.60) Direct Labor (0.75hr@P18) Fixed Overhead (0.75hr @P4.00) Variable Overhead (0.75hr@P3.00) Algers computes its overhead rates using practical volume which is 54,000 units. The actual results for the year are as follows: a. Units Produced 53,000 b. Direct Materials Purchased: 274,000 pounds at 2.50 per pound. C. Direct Materials used 270,300 pounds d. Direct Labor:40,100 hours at P17.95 per hour e. Fixed Overhead: P161,700 f. Variable Overhead: P122,000 Your answer How much is the Fixed Spending 2 points Variance? Algers company produces dry fertilizer. At the beginning of the year, Alger had the following standard cost sheet: Direct Materials (5lbs @P 2.60) Direct Labor (0.75hr@P18) Fixed Overhead (0.75hr @P4.00) Variable Overhead (0.75hr@P3.00) for Algers computes its overhead rates using practical volur which is 54,000 units. the year are as follows: a. Units Produced 53,000 b. Direct Materials Purchased: 274,000 pounds at 2.50 per pound. c. Direct Materials used 270,300 pounds d. Direct Labor:40,100 hours at P17.95 per hour e. Fixed Overhead: P161,700 f. Variable Overhead: P122,000 Your answer How much is the Spending Variance? 2 points Algers company produces dry fertilizer. At the beginning of the year, Alger had the following standard cost sheet: Direct Materials (5lbs @P 2.60) Direct Labor (0.75hr@P18) Fixed Overhead (0.75hr @P4.00) Variable Overhead (0.75hr@P3.00) Algers computes its overhead rates using practical volume which is 54,000 units. The actual results for the year are as follows: a. Units Produced 53,000 b. Direct Materials Purchased: 274,000 pounds at 2.50 per pound. C. Direct Materials used 270,300 pounds d. Direct Labor:40,100 hours at P17.95 per hour e. Fixed Overhead: P161,700 f. Variable Overhead: P122,000 Your answer How much is the Variable Variance? 2 points Algers company produces dry fertilizer. At the beginning of the year, Alger had the following standard cost sheet: Direct Materials (5lbs @P 2.60) Direct Labor (0.75hr@P18) Fixed Overhead (0.75hr @P4.00) Variable Overhead (0.75hr@P3.00) Algers computes its overhead rates using practical volume which is 54,000 units. The actual results for the year are as follows: a. Units Produced 53,000 b. Direct Materials Purchased: 274,000 pounds at 2.50 per pound. C. Direct Materials used 270,300 pounds d. Direct Labor:40,100 hours at P17.95 per hour e. Fixed Overhead: P161,700 f. Variable Overhead: P122,000 Your