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Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on

Dirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor- hours. Inputs Direct materials Direct labor Variable manufacturing overhead The company has reported the following actual results for the product for July: Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost The labor efficiency variance for the month is closest to: Multiple Choice $1,080 F $1,176 F Standard Quantity or Hours per Unit of Output 7.6 ounces 0.10 hours 0.10 hours $1,080 U $ 541,800 Standard Price or 7,600 units 63,000 ounces Rate $9.40 per ounce $18.00 per hour $5.30 per hour $ 16,072 $ 4,592 57,750 ounces 820 hours
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Oincken incorporated has provided the following data concerning one of the products in its standard cost system Variable manutacturing overhead is applied to products on the basis of direct labor hours The company has reported the following actual results for the product for Juy. The labor efficiency variance for the month is closest to: Minpue Choice stoeo F sip6F 11080u

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