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Please help with these 3 questions 1. 2. 3. The following data is given for the Harry Company: Budgeted production Actual production Materials 1,093 units
Please help with these 3 questions
1.
2.
3.
The following data is given for the Harry Company: Budgeted production Actual production Materials 1,093 units 944 units Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials $1.989 10,696 $21,927 Labor Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs $14.69 per hour 4,862 $79,008 Overhead Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs $1,027,000 $28.00 per standard labor hour $136,136 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is Oa. $7,584.72 favorable b. $22,151.82 unfavorable Oc, $22,151.82 favorable Od. $7,584.72 unfavorable
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