Harper Company uses a standard cost system. Data relating to direct labor for the month of August follows: Direct labor efficiency variance-- favorable $5,250 Standard direct labor rate $7.00 Actual direct labor rate $7.50 Standard hours allowed for actual production 9.000 What was the actual hours worked in the month of August? Shaw Industries employs a standard cost system. Shaw has established the following standards for the prime costs of one unit of product. Standard Quantity Standard Price Standard Cost $1.80 per pound Direct materials 8 pounds $14.40 $8.00 per hour Direct labor 0.25 hour $2.00 During May, Shaw purchased 160,000 pounds of direct material at a total cost of $304,000. The total direct labor wages for May were $37,800. Shaw manufactured 19,000 units of product during May using 142,500 pounds of direct material and 5,000 direct labor hours. Compute the direct material price variance for May The following overhead data are for a department in Sun Company for month of May. Actual Results Static Budget Activity level (in units) 1,000 1,200 Variable costs: Indirect materials $8,850 $10,000 Power-variable portion $930 $1,200 Fixed costs: Power-fixed portion $2,100 $2,800 Rent $5,220 $5,000 Supervisors salaries $12.800 $12,000 Company wants to assess how well costs were controlled in this department in May. Compute overall flexible budget cost variance for month of May. Indicate if it is favorable (F) or unfavorable (U)