ces Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead, Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level Enter your answers in the tabs below. Required A Required B QS 21-15 (Algo) Total overhead and controllable variances LO P4 Actual total overhead Standard overhead applied Total overhead variance $ $ 28,575 $ 32,240 11,100 10,400 $ 2.10 per unit Compute the total overhead variance and identify it as favorable or unfavorable. Total Overhead Variance $ 700 Unfavorable $ 11, 100 11,100 units 10,400 units

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 39BEB: Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches Aretha Company...
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ces
Use the following information for the Quick Study below. (Algo)
[The following information applies to the questions displayed below.]
AirPro Corporation reports the following for this period.
Actual total overhead,
Standard overhead applied
Budgeted (flexible) variable overhead rate
Budgeted fixed overhead
Predicted activity level
Actual activity level
Enter your answers in the tabs below.
Required A Required B
QS 21-15 (Algo) Total overhead and controllable variances LO P4
Actual total overhead
Standard overhead applied
Total overhead variance
$
$ 28,575
$ 32,240
11,100
10,400
$ 2.10 per unit
Compute the total overhead variance and identify it as favorable or unfavorable.
Total Overhead Variance
$
700 Unfavorable
$ 11, 100
11,100 units
10,400 units
Transcribed Image Text:ces Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead, Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level Enter your answers in the tabs below. Required A Required B QS 21-15 (Algo) Total overhead and controllable variances LO P4 Actual total overhead Standard overhead applied Total overhead variance $ $ 28,575 $ 32,240 11,100 10,400 $ 2.10 per unit Compute the total overhead variance and identify it as favorable or unfavorable. Total Overhead Variance $ 700 Unfavorable $ 11, 100 11,100 units 10,400 units
AirPro Corporation reports the following for this period.
Actual total overhead
Standard overhead applied
Budgeted (flexible) variable overhead rate:
Budgeted fixed overhead
Predicted activity level
Actual activity level
Enter your answers in the tabs below.
Controllable variance
$
QS 21-15 (Algo) Total overhead and controllable variances LO P4
Actual total overhead
Budgeted (flexible) overhead
Budgeted variable overhead i
Budgeted fixed overhead (unchanged)
Budgeted (flexible) overhead
Controllable variance
$
$ 28,575
$ 32,240
Required A Required B
Compute the controllable variance and identify it as favorable or unfavorable.
2
$ 2.10 per unit
32,940
32,940
4,365 Favorable
$ 11,100
11, 100 units
10,400 units
Transcribed Image Text:AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate: Budgeted fixed overhead Predicted activity level Actual activity level Enter your answers in the tabs below. Controllable variance $ QS 21-15 (Algo) Total overhead and controllable variances LO P4 Actual total overhead Budgeted (flexible) overhead Budgeted variable overhead i Budgeted fixed overhead (unchanged) Budgeted (flexible) overhead Controllable variance $ $ 28,575 $ 32,240 Required A Required B Compute the controllable variance and identify it as favorable or unfavorable. 2 $ 2.10 per unit 32,940 32,940 4,365 Favorable $ 11,100 11, 100 units 10,400 units
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