Data for INFO CORP and its product: STANDARD ACTUAL
Direct Materials (2FT. @ $5) $10.00
11,750 FT. PURCHASED and USED $61,100.00
Direct Labor (0.5 hr @ $10) 5.00
2,900 hours 29,580.00
Variable Overhead (0.5@4) 2.00 10,500.00
Fixed Overhead (0.5@2) 1.00 6,000.00
Total Standard Costs per unit $18.00
Total Actual Costs per unit
Fixed overhead rate is based on expected activity of 2,500 hours

Additional Information:
1. Budgeted Selling Price per unit $25.00
Acual Selling Price per unit $24.00
2. Assume there are no other operating expenses

This problem requires finding Level 0, Level 2, Materials, Labor, and (Four Way) Overhead Variances. But I'm not sure how many actual units were produced and sold.

I tried deriving units sold and produced through the actual materials used, or 5,875 which is 11,750 ft. Divided by 2 ft. Per unit. But I still can't compute for the four way overhead variance. I think my units produced is incorrect. :(

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