Standard Cost Card
Direct materials (5.20 kg at $3.60 per kilogram)		$18.72
Direct labour (0.60 hours at $5.00)		3.00
Variable overhead (0.60 hours at $3.60 per hour)		2.16
Fixed overhead (0.60 hours at $6.00 per hour)		3.60
		$27.48

The following is a production report for the most recent period of operations:

				Variances
Costs		Total Standard Cost		Price/ Rate			Spending/ Budget			Quantity/ Efficiency			Volume
Direct materials		$355,680		$5,084	F					$10,368	U
Direct labour		57,000		3,190	U					6,800	U
Variable overhead		41,040					$1,170	F		?
Fixed overhead		68,400					470	F					$12,000	U

What was the actual rate paid per direct labour hour? (Round answer to 2 decimal places, e.g. 15.25.)

Actual rate

$enter the actual rate per hour in dollars rounded to 2 decimal places /hr

What was the actual variable overhead cost incurred during the period?

Actual variable overhead

$enter the actual variable overhead in dollars

What is the total fixed overhead cost in the companys master budget?

Budgeted fixed cost

$enter the budgeted fixed cost in dollars

What were the master budget hours for fixed overhead?

Master budget hours

enter a number of master budget hours

hours