Standards Materials 6 unit @ $ 2 (normal capacity 4,000 hour z0 3/4 hour @ $ 12 Labor 1/4 hour @ $ 8 Variable factory overhead 3/4 hour @ $ 4 fixed facory overhead A equivalent units produced factory overhead 5,500 33,000 units purchased on credit at cost of $64,020 40,000 used during the month materials 6,000 labor 5,800 B materials C direct labor $ 12,300 for $ 1,500 hours D factory overhead E units completed $ 67,250 actual cost 5,200 F units sold 5,500 @ $ 40 each

12918coursead-2893751 accontentId=11050&st Compute Price and Quantiy variances for Direct materials and Direct Labor Use the two factor method for factory overhead Prepare the related Journal Entries 12918coursead-2893751 accontentId=11050&st Compute Price and Quantiy variances for Direct materials and Direct Labor Use the two factor method for factory overhead Prepare the related Journal Entries