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I need help learning how to navigate this problem on my homework. Computation of Variances and Other Missing Data The following data for O'Keefe Company

I need help learning how to navigate this problem on my homework. image text in transcribed
Computation of Variances and Other Missing Data The following data for O'Keefe Company pertain to the production of 300 units of Product X during December Selected data items are omitted. Fill in the missing amounts. Direct materials (all materials purchased were used during period) Standard cost per unit: 0 pounds at $3.20 per pound Total actual cost: 0 pounds costing 55,681 Standard cost allowed for units produced: 55,760 Materials price variance: 0 Materials quantity variance: $160 U Direct labor Standard cost: 2 hours at 57.00 Actual cost per hour $7.35 Total actual cost: 0 Labor rate variance: $0 . Labor efficiency variance: 5100 U Variable overhead Standard costs: 0 hours at 54.00 per direct labor hour Actual cost: 52.240 Variable overhead spending variance: 50 Variable overhead efficiency variance: 0 . . Please answer all parts of the question Previous Save Answers

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