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ASSIGNMENT RESOURCES Chapter 11 Homework Costs and Production Data Actual Standard Exercise 11-1 a-b (Video) Raw materials unit cost $2.10 $1.90 Exercise 11-5 (Video) Raw materials units 11,300 10,700 Exercise 11-6 (Video) Direct labor payroll $175,500 $171,360 Exercise 11-7 (Video) Direct labor hours Exercise 11-8 a 15,000 15,300 Exercise 11-11 (Video) Manufacturing overhead incurred $212,930 Problem 11-2A (Part Manufacturing overhead applied $215,730 Level Submission) (Video) Machine hours expected to be used at normal capacity 43,500 Budgeted fixed overhead for June $73,950 eview Score eview Results by Study Variable overhead rate per machine hour $3.00 bjective Fixed overhead rate per machine hour $1.70 Overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for each direct labor hour. The jobs were $39,300. Assume that the amount of raw materials purchased equaled the amount used. (a) Compute all of the variances for (1) direct materials and (2) direct labor. ( Round per unit values to 2 decimal places, e.g. 52.75 an (1) Total materials variance Materials price variance Materials quantity variance (2) Total labor variance Labor price variance Labor quantity variance Messages APR 168 16 I istv