Problem You brought your work home one evening, and your nephew spilled his chocolate milk shake on the variance report you were preparing. Fortunately, knowing that overhead was applied based on machine hours, you were able to reconstruct the obiterated information from the remaining data. Fill in the missing numbers below. (Hint It is helpful to solve for the unknowns in the order indicated by the letters in the following table.) Budgeted fixed overhead Actual fixed overhead Budgeted production in units Actual production in units Standard machine hours per unit of output Standard variable-overhead rate per machine hour.... Actual variable-overhead rate par machine hour Actual machine hours per unit of output Variable-overhead spending variance ariable-overhead efficiency varianoe Fixed-overhead budget variance. Fxed-overhead volume varlance Total actual overhead Total budgeted overhead (Mlexible budget) Total budgeted overhead Istatic budget). Total applied overhead 25,000 12,500 4 hours 36,000u $ 96,000F $7,500 U $356,500 408,000 Step-by-step solution Ask an expert