please show work. 5A. calculate the total VMOH Variance: 5B. calculate the VMOH spending (price) variance: 5C. calculate the VMOH efficiency (quantity) variance: 6A. calculate the total FMOH variance: 6B. calculate FMOH Spending variance: 6C. calculate FMOH Volume variance: from 5b to 6c please mark unfavorable or favorable

STANDARD COST SYSTEM - MOH VARIANCES (must show calculations) Company budgeted production level in units is 60,000 units of output with a budgeted fixed cost of $480,000 and budgeted variable cost of $348,000. Each unit requires 2 hours of direct labor. (Use T accounts to help yourself) Actual results: Production: 58,500 units Direct labor hours used: 128,700 Total actual MOH costs incurred: $819,228 Total actual FIXED MOH costs incurred: $480,643 1. Calculate the standard (budgeted) VMOH cost per unit and per hour: VMOH per unit: $ VMOH per hour: $ 2. Calculate the standard (budgeted) FMOH cost per unit and per hour: FMOH per unit: $ FMOH per hour: $ 3. Calculate the standard VMOH allocated to production during the year and prepare journal entry: VMOH Allocated: $_ DR CR 4. Calculate the standard FMOH allocated to production during the year and prepare journal entry: FMOH Allocated $ DR CR CONTINUED ON NEXT PAGE