Question: please help me i will give good rating please QUESTION 1 LajuVans Berhad rents out vans to customers all over Malaysia. The company bases its

please help me i will give good rating please

please help me i will give good rating please QUESTION 1 LajuVans

QUESTION 1 LajuVans Berhad rents out vans to customers all over Malaysia. The company bases its overhead cost budgets on the following data: Variable overhead costs: Cleaning RM72.50 per van Maintenance RM56.25 per van Parking fees RM15.75 per van Fixed overhead costs: Salaries and wages RM7,860 per month Depreciation RM13,400 per month Utilities RM720 per month Rent RM3,670 per month Each time a van is rented, whether it is for one day or a week, certain costs must be incurred. Those costs are listed above under the variable overhead costs. In August, the following actual costs were incurred for 140 vans: Cleaning RM10,360 Maintenance RM7.630 Parking fees RM2,210 Salaries and wages RM7,855 Depreciation RM14, 450 Utilities RM735 Rent RM3,950 Due to an unanticipated surge in demand for vans, the company purchased vans in August to add to its van fleet. a. Prepare a Flexible Budget Performance Report for LajuVan Berhad for August, following the format below. b. Explain the major cause of the total overall overhead variance for the month

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