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DataforQBtoQQ The Vernon Company has developed the following standards per unit tor one of their products. Direct materials: 20 pounds per unit at $3.10 per

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DataforQBtoQQ The Vernon Company has developed the following standards per unit tor one of their products. Direct materials: 20 pounds per unit at $3.10 per pound Direct labor: 15 hours per unit x $18 per hour Variable overhead: 15 hours per unit it $2 per hour Budgeted volume for November was 1,000 units. The following activity occurred during November: Units Produced: 1,000 units Materials used: 20,500 pounds at $3.20 per pound Direct labor: 14,750 hours at $17.50 per hour Actual variable 0H: $29.400 Calculate the following to the nearest dollar (do not Include a "-\" sign in your answers, if applicable) 3) The materials price variance 4) The materials usage variance. 5) The labour price variance 6) The labour usage variance. ' 7) The Variable OH spending variance (variable 0H ls allocated using direct labour as the basis) 8) The Variable OH efciency variance (variable OH is allocated using direct labour as the basis) 9) What was the overall Flexible Budget Variance for Variable 0H (for #9 only, enter a - if unfavourable and no sign it fav) Data for Q 10 to 14

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