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Question 6 16 pts Sande Corporation makes a product with the following standard costs: Inputs Standard Quantity Standard Price Standard Cost or Hours or Rate

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Question 6 16 pts Sande Corporation makes a product with the following standard costs: Inputs Standard Quantity Standard Price Standard Cost or Hours or Rate Per Unit $6.00 per gram $55.20 0.5 hours $23.00 $11.50 0.5 hours $2.00 per hour $1.00 Direct materials........... Direct labor.. Variable overhead 9.2 grams per hour In November the company's budgeted production was 2,900 units but the actual production was 3,000 units. The company used 27,670 grams of the direct material and 1,390 direct labor-hours to produce this output. During the month, the company purchased 31,700 grams of the direct material at a cost of $196,540. The actual direct labor cost was $29,607 and the actual variable overhead cost was $2,502. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. a) What was materials price variance for November? b) What was materials quantity variance for November? c) What was the labor rate variance for November? d) What was the labor efficiency variance for November? BIU A- A - IE 31. XX, E - VHT ST 12pt Paragraph

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