MANAGERIAL ACCOUNTING

PLEASE COMPLETE ALL PARTS

The following information relabes to Longman ine s everthead coste ber the month. III jelek the ionen to view the thormation ! Requirements 2. Explain why the variances are faversele or undavorable. Data table Longrien alocates manilacturing everhesd to protuction based on standard divict labor hour. Last month, Longman reported the folowing actail nesuls: actual vavisbie overthead, 510 . 100, octial foud overthead, 52.790 actual production of 7,700 unds at 0.50 dirtal labor hours per unt. The standsed direct labor tme is 04 direct laboe hours per unt (1,600 state drect labor hours 74,000 statc units)