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Please help! The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unlt of its product for
Please help! The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unlt of its product for 2015. Direct material (30 lbs. $2.30 per lb) 69.00 Direct labor (20 hrs. G $4.30 per hr) 86.00 Factory variable overhead (20 hrs G $2.30 per hr) Factory fixed overhead 20 hrs OS1.20 per hr) 24.00 Standard cost 225.00 The $3.50 (s2.30 $1.20) total overhead rate per direct labor hour is based on an expected operating level equal to 60% of the factory's capacity of 69.000 units permonth. The following monthly sexible budget n is also available. operating Levels of capacity) Flexible Budget 37950 41,400 Budgeted output tuntsh Budgeted labor (standard hours) Budgeted overhead (dollars) s 1745T00 s 1,904400 s 2,063,100 Variable overhead Fixed overhead 2739.300 2,898,000 s 3.056100 the following actual overhead costs were incurred. s 1710.000 s 2341.500
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