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Question 6 Hurren Corporation makes a product with the following standard cont Per Unit Input Diret water... Inrer Haber Variable overhead Sundard wantity Standard Price

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Question 6 Hurren Corporation makes a product with the following standard cont Per Unit Input Diret water... Inrer Haber Variable overhead Sundard wantity Standard Price or te S8.00 per $19.00 per hour 54.00 per hour 52.NO The company reported the following results concerning this product in June Originally budgeted output Actual output............ Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials purchased Actual direct labor rate. Actual variable overhead rnte. 6.600 units 6,500 units 23O grams 4,500 hours 31.NOO yrams S8.10 per gram $19.90 per hour 53.70 per hour 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 June? b) What was materials quantity variance for June? c) What was the labor rate variance for June? d) What was the labor efficiency variance for June

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