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Rudd clothiers is a small company that manufactures tall mens suits. The company has used a standard cost accounting system. In May 2017, 10,600 suits

Rudd clothiers is a small company that manufactures tall mens suits. The company has used a standard cost accounting system. In May 2017, 10,600 suits were produced. The following standard and actual cost data applied to the month of May when normal capacity was 13,500 direct labor hours. All materials purchased were used. image text in transcribed
Problem 25-3A Ruod Clethiers is a small company that manufactures tali-men's suts. The company has used a standard cost accounting sy appled to the month of May when nonnal capacey-13,500 direct labor hour. Ar make-als purdased were used. stem. J n May 2017, 10,600 suits were produces. The folowing standard and actual cont data Cost Element Direct materials 6 yards at $4.30 per yard Direct labor Overthead 110 hours at $13.00 per hour 10 hours at $6.70 per hour (ed $3.90; verable $2.80 266,845 for 64,300 yards ($4 15 per yard) $168,304 for 12,560 hours ($13.40 per hour) 9,800 fixed overheed $36,500 vaable overheed Overhesd is appled e on the basit of eirect labor hours e normal caeacty, budgeted fised everhead costs were $52,650, and tudpted varlabie overhead was $37,800. deelmat Campuze the total, price, and quantity vanances for() meteals and (2) ebor. (Round nswrs te o (1) Total materials vanance (2) Total lator venance Labor price vanance Compute te total overnead variance Tolal overhead vanance Question Altempts: of i used

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