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QUESTION 15 -Summer 20 Company uses standard costs. Their standards specify.5 direct labor hours per unit of product Variable overhead is allocated based on direct

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QUESTION 15 -Summer 20 Company uses standard costs. Their standards specify.5 direct labor hours per unit of product Variable overhead is allocated based on direct labor hours. Beginning of the year, static budget standards: Budgeted production volume in units 6,000 Budgeted variable overhead costs $23,000 Budgeted direct labor hours 600 At the end of the year, actual data is: Production Volume in units Actual variable overhead costs Actual direct labor hours 4,100 $20,000 505 1. What is the variable overhead standard cost per direct labor hour?, 2. What is the variable overhead actual cost per direct labor hour? TT T Arial 3 (12pt) #T Click Save and Submit to save and submit. Click Save All Answers to save all answers

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