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help TB MC Qu. 10-142 (Algo) Tharaldson Corporation makes ... Tharaldson Corporation makes a product with the following standard costs: Standard Cost Per Unit $
help TB MC Qu. 10-142 (Algo) Tharaldson Corporation makes ... Tharaldson Corporation makes a product with the following standard costs: Standard Cost Per Unit $ 12.20 $ 2.40 $ 1.60 Standard Quantity or Hours Standard Price or Rate Direct materials 6.1 ounces $ 2.00 per ounce Direct labor 0.2 hours $ 12.00 per hour Variable overhead 0.2 hours $ 8.00 per hour The company reported the following results concerning this product in June. Originally budgeted output 3,500 units Actual output 3,000 units Raw materials used in production 21,100 ounces Purchases of raw materials 22,200 ounces Actual direct labor-hours 490 hours Actual cost of raw materials purchases $ 42,200 Actual direct labor cost $ 13,500 Actual variable overhead cost $ 3,750 The company applies variable overhead on the basis of direct labor hours. The direct materials purchases variance is computed when the materials are purchased. Check my wol The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead efficiency variance for June is: Multiple Choice $902 U $880 U $880 F $902 F
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