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Pickul Awning manufactures awnings and uses astandard cost system. The company allocates overhead based on the number of direct labor hours. The following are the

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Pickul Awning manufactures awnings and uses astandard cost system. The company allocates overhead based on the number of direct labor hours. The following are the companys cost and standards data: (Click the icon to view the standards.) Actual cost and operating data from the most recent month are as follows: BEE (Click the icon to view the actual results.) All manufacturing overhead is allocated on the basis of direct labor hours. Data Table Data Table Standards Purchased 52,500 yards at a total cost of $593,250 Direct materials 20.0 yards per awning at $12.00 per yard Used 49,100 yards in producing 2,600 awnings Direct labor 4.0 hours per awning at $17.00 per hour Actual direct labor cost of $170,578 for a total of 9,860 hours Variable MOH standard rate $3.00 per direct labor hour Actual variable MOH $30,566 Predetermined fixed MOH standard rate $12.00 per direct labor hour Actual fixed MOH $123,200 Total budgeted fixed MOH cost $117,700 he nearest whole dollar. Label the variance as Print Done Print Done

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