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Problem 23-1A Your answer is partially correct. Try agairn Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below
Problem 23-1A Your answer is partially correct. Try agairn Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below 6.00 17.18 9.75 11.25 $44.18 Direct materials-1 pound plastic at $6 per pound Direct labor-1.50 hours at $11.45 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit The predetermined manufacturing overhead rate is $14 per direct labor hour ($21.00 1.50). It was computed from a master manufacturing overhead budget based normal production of 7,650 direct labor hours (5,100 units) for the month. The master budget showed total variable costs of $49,725 ($6.50 per hour) and total fixed overhead costs of $57,375 ($7.50 per hour). Actual costs for October in producing 3,300 units were as follows $21,266 56,753 49,894 21,706 $149,619 Direct materials (3,430 pounds) Direct labor (4,830 hours) Variable overhead Fixed overhead Total manufacturing costs The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored Compute all of the materials and labor variances. (Round answers to O decimal places, e.g. 125.) Total materials variance Unfavorable Materials price variance Unfavorable Materials quantity variance Unfavorable Total labor variance Unfavorable Labor price variance Unfavorable Labor quantity variance Favorable Xlib) Compute the total overhead variance. Total overhead variance Unfavorable Click if you would like to Show Work for this question: Open Show Work
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