QUESTION 25 Question 22 to 29: Below is Justin Corp's flexible budget and actual results for making $2,000 units. The company's expected manufacturing products in the static budget is 50,000 units. Budget Amt Actual Flexible Per Unit Results Variance Budget Unit (Batches of 100) 52000 52000 Variable COSTS DM 1.84 2.88 0.72 104000 145600 30160 13000 -4160 -7280 91000 149760 37440 DL VOH Fixed Costs Fixed Overhead Total 23920 -1080 480 25000 303200 303680 Additional information for DM: Additional information for DM: Direct materials cost standard $1.75 per pound of paraffin Direct materials efficiency standard 1.05 pound of paraffin per batch of crayons Actual amount of paraffin used 65,000 pounds Actual cost of paraffin used $104,000 Additional information for DL: Direct labor cost standard $12.00 per DLHO Direct labor efficiency standard 0.24 DL.Hr per batch of crayons Actual amount of direct labor hours 10,400 DLHO Actual cost of direct labor $145,600 Additional information for OH: Variable OH cost standard $3.00 per DLHO Fixed OH standard overhead allocation rate $2.00 per DLHO Variable OH efficiency standard 0.24 DL.Hr per batch of crayons Actual amount of direct labor hours 10,400 DLH Actual cost of variable OH $30,160 Compute direct labor efficiency (quantity) variance 24,960 F O a. 29,120 F Ob. 29,120 U