Standard cost system-overhead variances
Assume the following data for John Company's August operations.
(a) Compute the amount of overhead applied to Work-in-Process during August. $________________
(b) Compute the total manufacturing overhead budgeted based on hours worked during August. $________________
(c) Compute the overhead spending variance for August. Indicate whether favorable (F) or unfavorable (U). $________________
(d) Compute the overhead volume variance for August. Indicate whether favorable (F) or unfavorable (U). $________________

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The Answer of Standard cost system-overhead variances
Assume the following data for John Company's August operations.
(a) Compute the amount of overhead applied to Work-in-Process during August. $________________
(b) Compute the total manufacturing overhead budgeted based on hours worked during August. $________________
(c) Compute the overhead spending variance for August. Indicate whether favorable (F) or unfavorable (U). $________________
(d) Compute the overhead volume variance for August. Indicate whether favorable (F) or unfavorable (U). $________________

Standard Cost System-Overhead Variances