Ninna Company manufactures wooden shelves. An accountant for Ninna just completed the variance report for the current month. After printing the report, his computer's hard drive crashed, effectively destroying most of the actual results for the month. The accountant remembers that actual production was 250 shelves and that all materials purchased were used in production. The following information is also available:

Current Month: Budgeted Amounts
Budgeted production: 225 shelves
Direct materials: Wood
Usage	4 square feet per shelf
Price	$\$0.20$per square foot
Direct labor:
Usage	0.4 hours per shelf
Rate	$\$12$ per hour
Variable overhead (allocated based on direct labor hours):
Rate per labor hour	$\$5$
Rate per shelf	$\$2$
Fixed overhead (allocated based on direct labor hours):
Rate per labor hour	$\$10$
Rate per shelf	$\$4$
Current Month: Variances
Direct materials price variance	$$40 Unfavorable
Direct materials quantity variance	$–0–$
Direct labor rate variance	200 Favorable
Direct labor efficiency variance	300 Unfavorable
Overhead volume variance	50 Favorable
Overhead spending variance	100 Unfavorable

Instructions

Using the budget for the current month and the variance report, construct the items below:

d. What was the actual total overhead for the month?

Anton Company manufactures wooden magazine stands. An accountant for Anton just completed the variance report for the current month. After printing the report, his computer’s hard drive crashed, effectively destroying most of the actual results for the month. All that the accountant remembers is that actual production was 220 stands and that all materials purchased were used in production. The following information is also available: | | **Current Month: Budgeted Amounts** | | :---: | :---: | |Budgeted production: 200 magazine stands | | | Direct materials: Wood | | | Usage | 3 square feet per stand | | Price | $\$0.25$ per square foot | Direct labor: | | Usage | 0.5 hours per stand | | Rate | $\$10$ per hour | | Variable overhead (allocated based on direct labor hours): | | | Rate per labor hour | $\$4$ | | Rate per stand| $\$2$ | | Fixed overhead (allocated based on direct labor hours): | | | Rate per labor hour | $\$6$ | | Rate per stand | $\$3$ | | | **Current Month: Variances** | | Direct materials price variance | $\33$ Unfavorable | | Direct materials quantity variance | –0– | | Direct labor rate variance | 231 Favorable | | Direct labor efficiency variance | 550 Unfavorable | | Overhead volume variance |60 Favorable | | Overhead spending variance | 210 Unfavorable | **Instructions** Using the budget for the current month and the variance report, construct the items below. d. What was actual total overhead for the month?

Ninna Company manufactures wooden shelves. An accountant for Ninna just completed the variance report for the current month. After printing the report, his computer's hard drive crashed, effectively destroying most of the actual results for the month. The accountant remembers that actual production was 250 shelves and that all materials purchased were used in production. The following information is also available:

Current Month: Budgeted Amounts
Budgeted production: 225 shelves
Direct materials: Wood
Usage	4 square feet per shelf
Price	$\$0.20$per square foot
Direct labor:
Usage	0.4 hours per shelf
Rate	$\$12$ per hour
Variable overhead (allocated based on direct labor hours):
Rate per labor hour	$\$5$
Rate per shelf	$\$2$
Fixed overhead (allocated based on direct labor hours):
Rate per labor hour	$\$10$
Rate per shelf	$\$4$
Current Month: Variances
Direct materials price variance	$$40 Unfavorable
Direct materials quantity variance	$–0–$
Direct labor rate variance	200 Favorable
Direct labor efficiency variance	300 Unfavorable
Overhead volume variance	50 Favorable
Overhead spending variance	100 Unfavorable

Instructions

c. What was the actual wage rate paid per hour?

Anton Company manufactures wooden magazine stands. An accountant for Anton just completed the variance report for the current month. After printing the report, his computer’s hard drive crashed, effectively destroying most of the actual results for the month. All that the accountant remembers is that actual production was 220 stands and that all materials purchased were used in production. The following information is also available: | | **Current Month: Budgeted Amounts** | | :---: | :---: | |Budgeted production: 200 magazine stands | | | Direct materials: Wood | | | Usage | 3 square feet per stand | | Price | $\$0.25$ per square foot | Direct labor: | | Usage | 0.5 hours per stand | | Rate | $\$10$ per hour | | Variable overhead (allocated based on direct labor hours): | | | Rate per labor hour | $\$4$ | | Rate per stand| $\$2$ | | Fixed overhead (allocated based on direct labor hours): | | | Rate per labor hour | $\$6$ | | Rate per stand | $\$3$ | | | **Current Month: Variances** | | Direct materials price variance | $\33$ Unfavorable | | Direct materials quantity variance | –0– | | Direct labor rate variance | 231 Favorable | | Direct labor efficiency variance | 550 Unfavorable | | Overhead volume variance |60 Favorable | | Overhead spending variance | 210 Unfavorable | **Instructions** Using the budget for the current month and the variance report, construct the items below. c. What was the actual wage rate paid per hour?

Anton Company manufactures wooden magazine stands. An accountant for Anton just completed the variance report for the current month. After printing the report, his computer’s hard drive crashed, effectively destroying most of the actual results for the month. All that the accountant remembers is that actual production was 220 stands and that all materials purchased were used in production. The following information is also available: | | **Current Month: Budgeted Amounts** | | :---: | :---: | |Budgeted production: 200 magazine stands | | | Direct materials: Wood | | | Usage | 3 square feet per stand | | Price | $\$0.25$ per square foot | Direct labor: | | Usage | 0.5 hours per stand | | Rate | $\$10$ per hour | | Variable overhead (allocated based on direct labor hours): | | | Rate per labor hour | $\$4$ | | Rate per stand| $\$2$ | | Fixed overhead (allocated based on direct labor hours): | | | Rate per labor hour | $\$6$ | | Rate per stand | $\$3$ | | | **Current Month: Variances** | | Direct materials price variance | $\33$ Unfavorable | | Direct materials quantity variance | –0– | | Direct labor rate variance | 231 Favorable | | Direct labor efficiency variance | 550 Unfavorable | | Overhead volume variance |60 Favorable | | Overhead spending variance | 210 Unfavorable | **Instructions** Using the budget for the current month and the variance report, construct the items below. b. How many labor hours did it actually take to produce each stand?