Help With An Accounting Problem Involving Factory Overhead Variance

[daydreamer1230]

Rhodes Corporation manufactures a product with the following standard costs:

Direct materials (20 yards @ $1.85 per yard) $ 37.00
Direct labor (4 hours @ $12.00 per hour) 48.00
Variable factory overhead (4 hours @ $5.40 per hour) 21.60
Fixed factory overhead (4 hours @ $3.60 per hour) 14.40
Total standard cost per unit of output $121.00

Standards are based on normal monthly production involving 2,000 direct labor hours (500 units of output).

The following information pertains to the month of July:

Direct materials purchased (16,000 yards @ $1.80 per yard) $28,800
Direct materials used (9,400 yards)
Direct labor (1,880 hours @ $12.20 per hour) 22,936
Actual factory overhead 16,850
Actual production in July: 460 units

a. Compute the budgeted fixed overhead
b. Assuming Rhodes used the two-variance method of analyzing factory overhead, compute the following variances for the month of July indicating whether each variance is favorable or unfavorable:

1. Factory overhead controllable variance
2. Factory overhead volume variance

[factor-fiction]

If you post your working out on here I'm sure someone will be able to tell you whether it's right or suggest changes to your calculations

[boxtops]

is this homework....?

[dzug2]

What's wrong with a pocket calculator?

If you haven't got one there's an online version in IE tools/acessories

[buildersmate]

If one doesn't try to understand what the homework request question means, no pocket calculator is going to help anyway