Reference no: EM133004828

The manager has determined that it typically takes 30 minutes for the department's employees to register a new car. The fixed overhead rate computed on an estimated 4,000 direct labor hours is 8 per direct labor hour, whereas the variable overhead rate is estimated at 3 per direct labor hour.

• During July, 7,600 cars were registered and 3,700 direct labor hours were worked in registering those vehicles. For the month, variable overhead was 10,730 and fixed overhead was 29,950.

Required:

Problem 1: Compute the overhead variances using a four-variance approach.

Problem 2: Compute the overhead variances using a three-variance approach.

Problem 3: Compute the overhead variances using a two-variance approach.

Problem 4: Compute the overhead variances using a one-way approach.