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Exercise 21-19(Algo) Overhead controllable and volume variances LO P4 Blaze...

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Accounting

Exercise 21-19(Algo) Overhead controllable and volume variances LO P4
Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 3.75 DLH per unit. For
March, the company planned production of 8,000 units (80% of its production capacity of 10,000 units) and prepared the following
budget. The company actually operated at 90% capacity (9,000 units) in March and incurred actual total overhead costs of $151,410.
Compute the standard overhead rate. Hint. Standard allocation base at 80% capacity is 30,000DLH, computed as 8,000 units
3.75DLH per unit.
Compute the total overhead variance.
Compute the overhead controllable variance.
Compute the overhead volume variance.
Complete this question by entering your answers in the tabs below.
Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 30,000 DLH, computed as 8,000 units
3.75DLH per unit.
Note: Round your answer to 2 decimal places.
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