Milar 14 Corp makes a product with the following standart cat Standard Standard Preile Stugubcly on hours or Rate Direct Materials & 4.00 per houn pould Dered labert $20.00/hour Variable overhead o, I hours $4.00/hour 7. Y pounds O, ! parete company produced 2000 unila In January the con using 16,060 pound of direct material 2 210 dered labor_hours. During the month the company purchased 16,900 pound of elreel material at a cost of $65, 910. The actual dired labor cost was $44732 the actual variable over head cast was $756. The company applies variade overhead on the basis of direct-labou hown. The sliveed materials purchase computed where the materia The variable este oud nete ven sene for 08845 o $80F Variance is co are purchard $84 U January is: 15 The time Corporation uses Standard costing system. following data have been assembled for December The 167 hour 2 100 unfa. vorable Actual direct labour-hour worked 16200 hours Standort direct laborate haber effecveney Weariane, le forme *The standard s hours allowed for December production is! 5.900 hour 6 500 hours 6ooo nown 6000 C 6.200 hours. O