TB MC Qu. 10-140 (Algo) Tharaldson Corporation makes ... Tharaldson Corporation makes a product with the following standard costs Direct materials Direct labor variable overhead Muple Choice The company reported the following results concerning this product in June originally budgeted output Actual output Row materials used in production Purchases of raw materials Actual direct labor-hours $1020 U $1,300 U Standard Quantity or Hours $1,020 F 7.3 ounces 0.2 hours 0.2 hours Actual cost of raw materials purchases $ 42,100 Actual direct labor cost Actual variable overhead cost $ 12,700 $ 3,350 The company apples variable overhead on the basis of direct labor-hours. The direct matenals purchases variance is computed when the materials are purchased The labor efficiency vanance for June is $1.360 Standard Price or Rate $ 3.00 per ounce $ 17.00 per hour $6.00 per hour 2,700 units 2,800 units 20,500 ounces 21,600 ounces 480 hours Standard Cost Per unit $ 21.90 $ 3.40 $ 1.20

TB MC Qu. 10-140 (Algo) Tharaidson Corporatlon makes ... Thwation Coporasion makes a product weth the folowng standard costs The company resorted the followng resuts concerring thes prodixt in June The cumpary applios variable overhead on the bask of direct labor hours. The direct msteriak purchases variance is computed when the materais are purchaced. The isbot efficiency varunce for tune is: soaso 0 siseu span? staes