Using your financial goals from unit 1, complete this planning worksheet to calculate how much you'll need to save.

in the text box below, enter one of your purchase goals.

how much does this cost? you'll need to do some research to answer this question. for example, if your goal is to pay for college, find out what the tuition is for one year. if your goal is to buy a car, look in newspapers and online for prices on the particular car you want.

how much money do you currently have saved?

how much more do you need to reach you goal?

list some steps you can take this year to you save toward this goal.

list some steps you can take next year to save toward this goal.

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead. a total of 119,300 units, using 478,000 direct labor hours, were produced during the year. actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.