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Speed Company uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor hours

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Speed Company uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor hours (DLS). The information below pertains to a recent mon's activity Vartable predetermined overhead rote $2 per DH Fored predetermined overhead rate $3 per DLH Actual variable.overhead 5770 Budgeted foed overhead 5900 Actual foed overhead $1050 Standard quantity of hours allowed for actual output 360 DUH Actualquantity of hours 350 OHS (Hut you do not need the units produced because you are even the standard hours lowed for the actual output) The fase vahel volume and would be 0 0 0 0

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