(Comprehensive) Tom Coughlin Co. manufactures metal screen doors with the following standard quantity and cost information:

Overhead rates were based on normal monthly capacity of 6,000 machine hours.
During November, the company produced only 850 doors because of a labor strike that occurred during union contract negotiations. After the dis¬ pute was settled, the company scheduled overtime to try to meet regular production levels. The following costs were incurred in November:

Determine the following:

a. Total material price variance

b. Total material usage (quantity) variance

c. Labor rate variance

d. Labor efficiency variance

e. Variable overhead spending variance

f. Variable overhead efficiency variance g. Fixed overhead spending variance h. Volume variance i. Budget varianceLO.1

Transcribed Image Text:

Direct Material Aluminum Copper Direct labor Variable overhead Fixed overhead 4 sheets at $2 3 sheets at $4 7 hours at $8 5 machine hours at $3 5 machine hours at $2 $ 8 12 56 15 10