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I already did the labor . I just need for Material and for overhead please. Thanks The following data are given for the Beck Company
I already did the labor . I just need for Material and for overhead please. Thanks
The following data are given for the Beck Company for April this year: Budgeted productiorn Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in 26,000 units 27,500 units $6.50 228,000 production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed $1,504,800 $22 per hour 6.6 unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate 183,000 $4,020,000 $1,029,600 $24.50 per standard labor hour Actual variable overhead costs $4,520,000 Overhead is applied on standard labor hours. Required: Prepare a schedule that computes Beck's Direct Labor Rate and Efficiency Variances for AprilStep by Step Solution
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