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0 points The predesermined ovechead rase for ABC Corp. is 55 , comprised of a vanable overhead rate of $3 and a fixed rate of

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0 points The predesermined ovechead rase for ABC Corp. is 55 , comprised of a vanable overhead rate of $3 and a fixed rate of $2. The amount of budgeled ovithead costs at normal copacity of $150,000 was divided by, normal copacty of 30.000 drect labor hours, to atme at the peedesermined overnead rate of $5 Actual overheod for June was $8,900 vatiable and $5,400 foxed, and 1,500 units were produced. The direct lobor standard is 2 hours per unit produced The total overhead variance is $1.800F5700F$700U$1.800U 0 polints Edgar. Inc has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound The actual quantity of materials used was 6,000 pounds, although the standard quantity allowed for the output was 5,400 pounds Edgar, Inc's materials price variance is $120U$1.200U$1.080U$1.200F

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