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Business, 06.05.2020 03:39 ponyolovezsosuk1074

McDormand, Inc., reported a $2,600 unfavorable price variance for variable overhead and a $26,000 unfavorable price variance for fixed overhead. The flexible budget had $1,042,200 variable overhead based on 34,740 direct labor-hours; only 34,020 hours were worked. Total actual overhead was $1,797,200. The number of estimated hours for computing the fixed overhead application rate totaled 37,400 hours. Required: a. Prepare a variable overhead analysis. b. Prepare a fixed overhead analysis.

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