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Question 8 Incomplete answer Marked out of 1.00 Flag question Computation of Variances and Other Missing Data The following data for O'keefe Company pertain to the production of 300 units of Product X during December, Selected data items are omitted. Fill in the missing amounts. Direct materials (all materials purchased were used during period) Standard cost per unit: 6 pounds at $3.20 per pound Total actual cost: 1850 pounds costing $5,681 4 Standard cost allowed for units produced: $5,760 Materials price variance: $ 239 F . Materials quantity variance: $160 U Direct labor Standard cost: 2 hours at $7.00 Actual cost per hour: $7.35 Total actual cost: $ 4557 Labor rate variance; $ 217 U : Labor efficiency variance; $140 U Variable overhead Standard costs: hours at $4.00 per direct labor hour Actual cost: $2,240 Variable overhead spending variance: $ 240 F . Variable overhead efficiency variance: $ 80 U . Please answer all parts of the question. Previous Save Answers