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I need help with 12,13,14 The standard cost of direct material is the Standard price of direct material input x standard quantity of direct material

image text in transcribedI need help with 12,13,14
The standard cost of direct material is the Standard price of direct material input x standard quantity of direct material inputs Standard price of material input x actual quantity of direct material inputs Actual price of direct material input x standard quantity of direct material inputs When the budget being used is a static budget, the difference actual results and budgeted results is referred to as a Static swing Variable discrepancy. Static budget variance ABC Corporation allocates overhead based on direct labor cost. Assume ABC expects to a total of $1,025,000 in overhead costs and $820, 000 in direct labor costs. Costs incurred totaled $1,050, 000 and actual direct labor costs totaled $800,100. ABC's predetermined overhead is nearest 125% of direct labor cost 128% of direct labor costs 98% of direct labor costs Kandy Haris manufactures custom T-shirts Each T-shirt can be imprinted front and back with photos, company logos or other information. Each T-shirt requires 2 ounces of ink, of direct labor (processing, folding, packaging), and a plastic bag for packaging. The following information is available regarding costs short T-shirts 100 pack $350 T-shirts 100 pack 400, 000 direct labor, per hour 16.00 ink 32 ounce bottle 16 COPlastic bags. 100-pack 8.00 Kandy applied overhead at a rate of $9.40 per direct labor hour, and benefits for workers are an additional 20% of wages. What is the standard price and standard quantity for manufacturing overhead? $11.28; 0.25 hour $9.40, 0.25 hour $2.35; 1 hour $2.82, 0.26 hour

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