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Hi, please help me with this question! I had ASKED this question BEFORE and the person did not write the answers in the boxes/chart. It
Hi, please help me with this question! I had ASKED this question BEFORE and the person did not write the answers in the boxes/chart. It was extremely hard for me to follow. I am begging you please help me and write your answers in the chart box.
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. The standard overhead rate (\$18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (45,500 pounds @$5.10 per pound) Direct labor (19,000 hours @ $13.10 per hour) $232,050 The company incurred the following actual costs when it operated at 75% of capacity in October. 3. Compute the direct labor variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to two decimal places.) e and efficiency variances. (Indicate the effect of each variance by selecting per hour" answers to two decimal places.)Step by Step Solution
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