eric company manufactures a small mp3 player called jogging mate the compang uses standards to control its costs the labor standards that have been set dor one jogging mate mp3 player are as follows

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..during august 9330 hours of direct labor time were needed to make 19600 jogging mate the direct cost $57846 fr month

1. according to the standards what direct cost should have been incurred to make 19600 of jogging mate by how much does thus differ from cost fhaf was incured ?

2. break down the difference in cost from 1 into labor rate variance and a labor efficiency variance

3. the budget variable manufacturing overhead rate is 4.3 per direct labor hoyr during august the company incurred $44784 in the varriable manufacturing overhead cost compute the variable overhead rate and efficiency veiance

Ene Company manufactures a small mp3 player called the Jogging Mate. The company uses standards to contro costs. The labor Standard and Standard Rate por Hour 5640 During August 0.330 hours of orect labor time were needed to make 10.600 units of the Jogging Me The Required: 1. According to the standards, what direct labor cost should have been incurred to make 10,000 units of and Standard direct labor rate to 2 decimal places.) Joong Mate Total standard hours of labor time 2. Break down the ciference in cost from (1) above into a laborate variance and a laborefidency are effect (... zero variance). Do not round intermediate calculations.) Standard direct labor cos Total variance acting "F" for favorable, "U" for unfavorable and one for no 2. Break down the difference in cost from (1) above into a laborate variance and a labor eficiency variance indicate the effect effecte, zero variance). Do not round intermediate calculations) Lorency wanance 3. The budgeted variable manufacturing overhead rate is $43 per direct laborhour. During August the company incurred $44.764 in vari manucuring overhead cost. Compute the variatie overhead rate and e ncy variances for the month (Indicate the effect of each variance by selecting "F" for favorable for unfavorable, and "None for no effect .zero variance. Do not round intermediate calculations and round y final answers to nearest whole dollar) 3. The budgeted variable manufacturing overhead rate is $4.3 per direct laborhout. During August, the company incurred $44,784 in varie manufacturing overhead cost. Compute the variatie overhead mane and ency variances for the month indicate the effect of each variance by selecting "F" for favorable" effecte, ero variance. Do not round intermediate calculations and round your final answers to nearest whole d ar) Verale overhead officiency variance Erie Company manufactures a small mp3 player called th Standard Hours 27 minutes Standard Rate per Hour $6.40 Standard Cost $2.88 During August, 9,330 hours of direct labor time were need Required: 1. According to the standards, what direct labor cost should and Standard direct labor rate to 2 decimal places.) Required: 1. According to the standards, what direct labor cost should have been incurred to m and Standard direct labor rate to 2 decimal places.) Number of units manufactured Standard labor time per unit Total standard hours of labor time allowed Standard direct labor rate per hour Total standard direct labor cost Actual direct labor cost Standard direct labor cost Total variance $ 2. Break down the difference in cost from (1) above into a labor rate variance and a labor effi effect (i.e., zero variance). Do not round intermediate calculations.) Labor rate variance Labor efficiency variance 3. The budgeted variable manufacturing overhead rate is $4.3 per direct labor-hour. During Al variances for the month. (Indicate the effect of each variance by selecting "F" for favorab final answers to nearest whole dollar.) Variable overhead rate variance Variable overhead efficiency variance