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Show Attempt History Current Attempt in Progress Your answer is partially correct Crane Corporation manufactures a single product. The standard cost per unit of product
Show Attempt History Current Attempt in Progress Your answer is partially correct Crane Corporation manufactures a single product. The standard cost per unit of product is shown below $8.00 17.55 Direct materiais- 1 pound plastic at $8.00 per pound Direct labor-1.56 hours at $11.70 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 9.75 5.25 $40.55 The predetermined manufacturing overhead rate is $10 per direct labor hour ($15.00 +1.50), was computed from a master manufacturing overhead budget based on normal production of 8,100 direct labor hours (5,400 units) for the month. The master budget showed total variable costs of $52,650 (56.50 per hour) and total fixed overhead costs of $28.350 (53.50 per hour). Actual costs for October in producing 3.200 units were as follows. Direct materials (3,380 pounds) $27.378 Direct labor (4.700 hours) 55.930 Variable overhead 35,518 Compute all of the materials and labor Total materials variance $ Materials price variance $ Materials quantity variance $ Total labor variance $ Labor price variance $ $ Labor quantity variance (b) ) (b) Compute the total overhead variar Total overhead variance $ ta e Textbook and Media
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