Question: Im completley lost in this problem and need help Jackson Company's overhead rate was based on estimates of $180,000 for overhead costs and 18,000 direct

Im completley lost in this problem and need help

Im completley lost in this problem and need help Jackson Company's overhead

Jackson Company's overhead rate was based on estimates of $180,000 for overhead costs and 18,000 direct labour hours. Jackson's standards allow 2 hours of direct labour per unit produced. Production in May was 830 units, and actual overhead incurred in May was $19,000. The overhead budgeted for 1,660 standard direct labour hours is $16,120 ($4,500 xed and $11,620 variable). (a) Calculate the total, budget, and volume variances for overhead. Total overhead variance $ ' ' V ' Overhead budget variance $ H V' Overhead volume variance $ H V

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