Reference no: EM132473802

Hollywood Jewelers planned to produce 900 units during April with a total overhead budget of $12,400. However, while manufacturing the 1,000 units the microcomputer that contained the month's cost information broke down. With the computer out of commission, the accountant has been unable to complete the variance analysis report. The information missing from the report is lettered in the following set of data:

Variable overhead:

Stanadar cost per unit:                              0.4 labour hour at $4 per hour

Actual cost:                                                $21,000 for 376 hours

Flexible budget:                                                   a.

Total flexible- budget variance                                b.

Variance overhead rate variance                               c.

Variance overhead efficiency variance                        D

Fixed overhead:

Budgeted cost:                                                     e.

Actual costs:                                                         f.

Flexible budget variance $500 favourable

Required

Question a. Compute the missing elements in the report represented by the lettered items