Prompt Evaluate the standard and actual cost sheets provided to calculate direct product costs for AHC. Allocate the overhead cost and provide a detailed variance analysis including both rate and volume variances for labor, raw materials, and factory overhead. First, calculate the standard dollar costs for the units of output. Then provide a detailed analysis using all six variances. Required: - Compute the standard dollar costs for the units of output. - Compute AHC factory overhead volume variance. - Compute a detailed analysis of AHC Labor using both rate and volume variance. - Compute a detailed analysis of AHC Raw materials using both rate and volume variance. - Compute a detailed analysis of AHC Factory Overhead using both rate and volume variance. Related Lessons - Variance Formulas for Cost Accounting - Standard Costs: Definition \& Advantages - How Companies Set Standard Costs - How to Prepare \& Format Variance Reports - Standard Cost vs. Job Order Cost Overhead \& Volume Variance