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Standard Quantity or Standard Price or Standard Cost Hours Per Unit $2550 $5.00 per gram Direct materials 51 grams $14.40 Direct labor 0.9 hours per
Standard Quantity or Standard Price or Standard Cost Hours Per Unit $2550 $5.00 per gram Direct materials 51 grams $14.40 Direct labor 0.9 hours per hour 0.9 hours $5.00 per hour $4.50 Variable overhead The company reported the following results concerning this product In June. 6,000 units Originally budgeted output Actual output Raw materials used In production 28,450 grams 5100 hours Actual direct labor-hours 32500 grams Purchases of raw materials $510 Actual price of raw materlals purchased per gram $16.90 per hour Actual direct l $4.70 per hour Actual variable overhead rate The company applles varlable overhead on the basls of dlrect labor-hours. The direct materlals purchases varlance Is computed when the materlals are purchased. The labor efficlency varlance for June ls: O $3,549 U O $3,360 U O $3,549 F O $3,360 F
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