What was the variable overhead efficiency variance? What was the variable OH Spending Variance? What is the fixed OH Volume (denominator) variance? What is the fixed OH Spending Variance?

Standard Job Order Costing Variance Analvsis Special order lamps are manu factured in division S. Because of the precise nature of the process a standard cost system has been developed. The following standards are used for the special orders Standards 16.000000 per lamp Direct Labor Variable Overhead 2.400000 per lamp (4 lamps/hr.) .250000 per lamp (4 lamps/hr.) 10.000000_per lamp ** Fixed Overhead Total ** Fixed overhead is based on expected production of 4,008 customized lamps each month To keep records of the actual cost of a job, a Job Order Cost System has been developed. Entries are made to the Job Order System at actual cost (overhead is applied based on actual labor hours) while entries are made to the accounting system at standard. Variance analysis is used to analyze the differences Job Order Costing Section On January 1, 20x2, Division S began Job 1101 for the Client, THE BIG CHILDREN STORE. The job called for 4,000 customized lamps. The following set of transactions occurred from January 5 until the job was completed 5-Jan Purchased 4,150 Lamp Kits a $16.45 per kit. 9-Jan 4,025 sets ofLamp Kits were requisitioned 17-Jan Payroll of 570 Direct Labor Hours $9.80 per hour. 30-Jan Payroll of 620 Direct Labor Hours @ $10.05 per hour 30-Jan 3,992 lamps were completed and shipped. All materials requisitioned were used or scrapped $ 1,356.60 $ 39,623.45 Actual Variable Overhead Actual Fixed Overhead