Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Required:1 & 2. Calculate the fixed overhead spending variance and volume variance for Barley Hopp. 3. Calculate the total over- or underapplied fixed manufacturing overhead for Barley Hopp Please avoid answers in image format thank you Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows:StandardUnitCost$ 3.0622.10Direct materials (clay)Direct laborVariable manufacturing overhead (based ondirect labor hours)Fixed manufacturing overhead ($356,500 -155,000 units)Barley Hopp had the following actual results last year:Number of units produced and soldNumber of pounds of clay purchased and used.Cost of clayNumber of labor hours workedDirect labor costVariable overhead costFixed overhead costStandard Quantity1.7 pounds1.7 hours1.7 hours160,000288,200$ 547,580205,000$3,587,500$ 310,000$ 350,000Standard Price (Rate).$ 1.80 per pound$ 13.00 per hour$ 1.40 per hourRequired:1 & 2. Calculate the fixed overhead spending variance and volume variance for Barley Hopp.3. Calculate the total over- or underapplied fixed manufacturing overhead for Parlou Honn2.382.30

Name: Barley Hopp, Incorporated, manufactures custom-ordered commemorative b
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Barley Hopp, Incorporated, manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Required:1 & 2. Calculate the fixed overhead spending variance and volume variance for Barley Hopp. 3. Calculate the total over-