Question Completion State Klimabeth und Elton have a food processing company. One product is a promet from potpit. Variable manufacturing overhead is based on direct-labor hours. The standard costs for a large pot ple we Standard Quantity Standard Cont 15 ounces 30.15 per un Potatoes 2.1 30 per Chicken 25 SOS per un Carrots 1 501 Mushrooms 1.1 ounces 50.16 perence 12 ounces 30.11 per Direct Labor 15 hours $12.00 per hour Variable MOH 0.15 hours 13.00 per hour Daring August 51.000 pot pies were produced and the following ustive wat reendet 48.500 ounces of CELERY were purchased for $14915, 873450 ounces of CELERY wer used during the month 105,500 cunces of POTOTOES were purchased during the month for $22.365 109.500 ances of POTATOES were used during the month .. 176.900 ounces of CHICKEN were purchased during the month for 563,453 175,400 once of CHICKEN were used during the month 95.900 onces of CARROTS were purchased during the month for 513,146. 93,200 ounces of CARROTS were med during the month 54.300 ences of MUSHROOMS were purchased during the month for $10,134 55.900 ounces of MUSHROOMS were used during the month 162,900 ounces of FLOUR were purchased during the month for $14.661. 163,450 unces of FLOUR were used during the month m. 8,500 Direct Labor Hours were worked at a cost of $99,200 Actual Manufacturing Overhead incurred was $25,200 Ounces of POTOTOES were purchased during the month for $22,5 d. 109,500 ounces of POTATOES were used during the month. e. 176,900 ounces of CHICKEN were purchased during the month for $65,453 f. 175,400 ounces of CHICKEN were used during the month. g. 93,900 ounces of CARROTS were purchased during the month for $13,146. h. 93,200 ounces of CARROTS were used during the month. 1.56,300 ounces of MUSHROOMS were purchased during the month for $10, J. 55,900 ounces of MUSHROOMS were used during the month. k. 162,900 ounces of FLOUR were purchased during the month for $14,661. 1. 163,450 ounces of FLOUR were used during the month. m. 8,500 Direct Labor Hours were worked at a cost of $99,200. n. Actual Manufacturing Overhead incurred was $25,200. Required: 1. Calculate materials price, quantity and total variance for POTATOES. 2. Calculate the direct labor rate, efficiency and total variance. Question Completion State Klimabeth und Elton have a food processing company. One product is a promet from potpit. Variable manufacturing overhead is based on direct-labor hours. The standard costs for a large pot ple we Standard Quantity Standard Cont 15 ounces 30.15 per un Potatoes 2.1 30 per Chicken 25 SOS per un Carrots 1 501 Mushrooms 1.1 ounces 50.16 perence 12 ounces 30.11 per Direct Labor 15 hours $12.00 per hour Variable MOH 0.15 hours 13.00 per hour Daring August 51.000 pot pies were produced and the following ustive wat reendet 48.500 ounces of CELERY were purchased for $14915, 873450 ounces of CELERY wer used during the month 105,500 cunces of POTOTOES were purchased during the month for $22.365 109.500 ances of POTATOES were used during the month .. 176.900 ounces of CHICKEN were purchased during the month for 563,453 175,400 once of CHICKEN were used during the month 95.900 onces of CARROTS were purchased during the month for 513,146. 93,200 ounces of CARROTS were med during the month 54.300 ences of MUSHROOMS were purchased during the month for $10,134 55.900 ounces of MUSHROOMS were used during the month 162,900 ounces of FLOUR were purchased during the month for $14.661. 163,450 unces of FLOUR were used during the month m. 8,500 Direct Labor Hours were worked at a cost of $99,200 Actual Manufacturing Overhead incurred was $25,200 Ounces of POTOTOES were purchased during the month for $22,5 d. 109,500 ounces of POTATOES were used during the month. e. 176,900 ounces of CHICKEN were purchased during the month for $65,453 f. 175,400 ounces of CHICKEN were used during the month. g. 93,900 ounces of CARROTS were purchased during the month for $13,146. h. 93,200 ounces of CARROTS were used during the month. 1.56,300 ounces of MUSHROOMS were purchased during the month for $10, J. 55,900 ounces of MUSHROOMS were used during the month. k. 162,900 ounces of FLOUR were purchased during the month for $14,661. 1. 163,450 ounces of FLOUR were used during the month. m. 8,500 Direct Labor Hours were worked at a cost of $99,200. n. Actual Manufacturing Overhead incurred was $25,200. Required: 1. Calculate materials price, quantity and total variance for POTATOES. 2. Calculate the direct labor rate, efficiency and total variance