Check my work 2 2 Acme Company's production budget for Augustis 17500 units and includes the following component un costs direct materials direct labor, 510, variable overhead. $6Budgeted fixed overhead is $35.000. Actual production in August was 17000 units. Actual unit component couts incurred during August include direct materials. 58 25 direct labor $9.45 Variable overhead, 56.82. Actual fored overhead was $33.500 The standard direct material cost per unit consists of 10 pounds of raw material at $0.80 per pound. During August 187000 pounds of raw material were used that were purchased at 5075 per pound Required: Caleciate the materials prke vernance and materials usage variance for August (Indicate the effect of each variance by selecting F for favorable, "U" for unfavorable, and "None" for no effect zero variance) ME Graw Hill

Check my work 2 2 Acme Company's production budget for Augustis 17500 units and includes the following component un costs direct materials direct labor, 510, variable overhead. $6Budgeted fixed overhead is $35.000. Actual production in August was 17000 units. Actual unit component couts incurred during August include direct materials. 58 25 direct labor $9.45 Variable overhead, 56.82. Actual fored overhead was $33.500 The standard direct material cost per unit consists of 10 pounds of raw material at $0.80 per pound. During August 187000 pounds of raw material were used that were purchased at 5075 per pound Required: Caleciate the materials prke vernance and materials usage variance for August (Indicate the effect of each variance by selecting F for favorable, "U" for unfavorable, and "None" for no effect zero variance) ME Graw Hill