Question

Formatting" Table Styles Styles Alignment Clipboard 5. CIS : X fx A A B C D E 1 Labor Variances. Variable Overhead Variances. 2 Tech Company produces computer servers. 3 The company's standards show each server will require 10 hours of direct labor at $20 per hour. 4 Tech's direct labor workforce worked 3,200 hours to produce 300 units during the month of August and was paid $22 per direct labor hour. 5 Variable overhead is allocated to each server based on a standard of $100 per machine hour and 3 machine hours per server. 6 A total of 850 machine hours were used during the month of August and variable overhead costs totaled $96,000. 7 Required: 8 Calculate the labor rate variance for the month of August. 9 Calculate the labor efficiency variance for the month of August. 10 Calculate the variable overhead spending variance for the month of August. 11 Calculate the variable overhead efficiency variance for the month of August.. 14 DL Actual Hours Used X (Actual Rate - Standard Rate) 20.00 17 18 VOH Hr per unit Labor Rate Variance IS per Hr Hr worked S per Unit MH per unit S per MH Labor Hours Variance MHS Cost OH Sper Unit 10-27 10-29 30 31 32 33 10-36 Quiz Type - Standard Rate (Actual Hours - Standard Hours) - 10-21 22 23 24 Quiz Type 2 Quiz Type 3 ENTER

difficult time figuring out how to so this assignment. please add equations.

Answer 1

Actual thows ued x (Autual Rale-Stand ad Rate Labour Rale Vaiane 3 aoo y (t22 - 20] 3a00 X 2 $6400 Unfavuable Standard Labou Hou Uauiane Stendaid Rate XLAuual Hous Heuls x (3,2 o03,0n) $ 20 $20 Xo0 $ 4,900 Unfavouiable Vauiable ouuhad spendi - (Actual Heulsx Standand Rak Actual oH Jauianae -(850 x 100) $96000 $96000 5000 $11,000 unjavouable Variable ounhad ficeny S tandald Rate X(Adual Hous- Standald Valiance Heuls x 850- 900) leo $100 X 50 faveusable 5000

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Actual Standardl Hs pur unit DL 10 $ par Hh do Hu worked 3,260 Unit 4 VOH unit MH PeH 3 loo $ par MH MHu 96000 Cost OH 3e0 P pan unit Units Producad 300