at 51.00 per system. In 2016, 45,000 units were pro S02,3 ind two standard hours of direct labour at a standard houtly Answer qpuestion Ouring the year, 200,000 kg of raw materials were purchased sbout variances Answer the purchased were used during the yeas a) If the materials s price variance was $10,000 unfavourable, what was the standard varia c) What were the standard hours allowed for the units produced? id) If the labour quantity variance was $10.080 un (e) If the labour (D If total budgeted manufacturing overhead was $713,.800 at normal capaciry. what as favourable, materials price per kilogram what was the standard materials quantity per unit bi sa per direct labour hours? what were the actual direct labour hours worked? vourable, what was the actual rate per hour e) What was the standard cost per unit of product h) How much overhead was applied to production during the year? (o Using one or more answers above, what were the total costs a P12-56B Ronaldo Manufa The budgeted monthly prodoany uses a standard cost system in accounting for the cost of one of its products. (S0 2,3) hour. The budgeted cost for manufacturing overhead is set as follows was the predetermined overbead rate i0) sa.30 per DLH assigned to work in process? is 1,7 units per month. The standard direct labour cost is 15 hours per unit at $5 per Calculate variances Fixed overhead per month Variable overhead per month Total budgeted overhead $183,750 78.750 The manufacturing overhead rate is 200% of the direct labour cost. During the month of april,t he plat prased unit n host of roduction s o Direct materials (99,000 litres) Direct labour (23.100 hours) Fixed manufacturing overhead Variable manufacturing overhead s 792.000 121,275 195,000 63,525 Instructions Calculate the following: (a) Labour price and quantity variances b) Variable overhead spending and quantity variances c) Fixed overhead spending and volume variances (a) LPV - $5.775 U (adapted from CPA Canada)