direct labour hours During the yea and two of direst materials purchased eere uaed during the yess 200.000 kg of sials were puchd (a) If the ws s10.000 unfavourable, What were the standard (d) If the labour (e) If the labour pricarce (D If total budgeted what was the standard materials price per kilogrm tavourable, whas was the standard materials quantity per was $18.168 favourable, what was the actual rate per hour actual direct labour hours worked per direct labour hours? g) What was the standard cost per unit of productt (b) How much overhead was applied to production during the year? a) Using one or more answers above, what were the total costs assigned to work in overhead was $713,800 at normal capacity, what was the p acturing Company uses a standard cost system cost system in accounting for the cost of one of its products. on is 1,750 units per month. The standard direct labour cost is 15 hours per unit at ss pet 1So 2.3) The budgeted hour. The budgeted cost for manufa monthly p accounting ucti g overhead is set as follows: Fixed overhead per month Variable overhead per month Total budgeted overhead 5183,750 78,750 The manufacturing overhead rate is 200% of the direct labor cost. During the month of April, the plant produced 1,650 units and the cost of production was as follows: Direct materials (99,000 litres) Direct labour (23,100 hours) Fixed manufacturing overhead Variable manufacturing overhead s792.000 121,275 195,000 63,525 $1,171,800 Instructions Calculate the following: (a) Labour price and quantity variances (b) Variable overhead spending and quantity variances (c) Fixed overhead spending and volume variances (b) LQV (adapted from CPA Canada)