Questions:

1. Calculate the number of pairs of sandals produced by Pato Company in May.

2. Calculate Pato's direct material quantity variance for May. If the variance is favorable, place a minus sign in front of your answer (i.e., -5000). If the variance is unfavorable, simply enter your answer as a number (i.e., 5000).

3. Calculate the actual variable overhead cost incurred by Pato Company in May.

Pato Company produces leather sandals. The company employs a standard costi ng system and has the following standards in order to produce one pair of sand als: direct materials direct labor variable overhead standard quantity_ 2 leather strips 2.5 hours 2.5 hours standard price ?? per strip $10 per hour ?? per hour During May, Pato purchased leather strips at a total cost of $124,520 and h direct labor totaling $117,100. During May, Pato used 18,790 leather strips in the production of sandals. Pato had no beginning inventories of any type fo May. At May 31, Pato had 780 leather strips remaining in its direct materia 15 inventory. Pato Company reported the following variances for May: Direct material price variance .............. $7,100 unfavorable Direct labor rate variance ................ $29,500 favorable Total direct labor variance ................. $8,900 unfavorable Variable overhead spending variance ......... $2,440 favorable Variable overhead efficiency variance ....... $34,560 unfavorable Pato Company produces leather sandals. The company employs a standard costi ng system and has the following standards in order to produce one pair of sand als: direct materials direct labor variable overhead standard quantity_ 2 leather strips 2.5 hours 2.5 hours standard price ?? per strip $10 per hour ?? per hour During May, Pato purchased leather strips at a total cost of $124,520 and h direct labor totaling $117,100. During May, Pato used 18,790 leather strips in the production of sandals. Pato had no beginning inventories of any type fo May. At May 31, Pato had 780 leather strips remaining in its direct materia 15 inventory. Pato Company reported the following variances for May: Direct material price variance .............. $7,100 unfavorable Direct labor rate variance ................ $29,500 favorable Total direct labor variance ................. $8,900 unfavorable Variable overhead spending variance ......... $2,440 favorable Variable overhead efficiency variance ....... $34,560 unfavorable