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Misterio Company uses a standard costing system. During the past quarter, the following variances were computed: Variable overhead efficiency variance $ 2 6 , 0
Misterio Company uses a standard costing system. During the past quarter, the following variances were computed:
Variable overhead efficiency variance $ U
Direct labor efficiency variance U
Direct labor rate variance U
Misterio applies variable overhead using a standard rate of $ per direct labor hour allowed. Two direct labor hours are allowed per unit produced. Only one type of product is manufactured. During the quarter, Misterio used percent more direct labor hours than should have been used.
Required:
What were the actual direct labor hours worked?
fill in the blank
hours
What are the total hours allowed?
fill in the blank
hours
What is the standard hourly rate for direct labor?
$fill in the blank
per hour
What is the actual hourly rate? Round your answer to the nearest cent.
blank per hour
How many actual units were produced?
blank units
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