Paste Font Alignment Number 17 17 fx A B . B Direct materials 9 Direct labor 0 Variable overhead 11 Fbed overhead 32 33 34 Total standard unit cost 35 36 37 38 39 Format as Table Cell Styles Cells Editing Analyze Data Direct materials for long-term patients (in lbs.): Standard Cost Sheet For Short-term Patients, 2011 D E F G H Standard Price Standard Usage Standard Cost $ 10.00 9 $ 90.00 $ 16.00 2.5 $ 40.00 $ 30.00 2.5 $ 75.00 $ 40.00 2.5 $ 100.00 $ 305.00 1. Complete a standard cost sheet for the long-term patient below. (7 points-must use a formula for all calculations) New York City Hospital 40 Direct materials 41 Direct labor 42 Variable overhead 43 Fred overhead 44 Total standard unit cost 45 46 47 48 Standard Cost Sheet For Long-term Patients, 2011 Standard Price Standard Usage Standard Cost 2. Compute the MPV for the short-term patients and state whether its favorable or not. (2 points-must use a formula for the calculation). 49 3. Compute the MUV for the long-term patients and state whether its favorable or not. (2 points-must use a formula for the calculation). 50 51 52 53 4. Compute the UV for the short-term patients and state whether its favorable or not. (2 points-must use a formula for the calculation) 54 55 56 5. Compute the LEV for the long-term patients and state whether it is favorable or unfavorable. (2 points-must use a formula for the calculation). 57 58