TB MC Qu. 10-85 Bulluck Corporation makes a product... Bulluck Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 3.90 grams 0.40 hours 0.40 hours Standard Price or Rate $ 1.40 per gram $15.00 per hour $ 2.40 per hour The company reported the following results concerning this product in July Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials purchased Actual direct labor rate Actual variable overhead rate 3,400 units 11,770 grams 1,190 hours 12,500 grams $ 1.60 per gram $11.80 per hour $ 2.50 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased The variable overhead efficiency variance for July is variance is computed when the materials are purchased. The variable overhead efficiency variance for July is: Multiple Choice O $408 U 0 $425U O $408 F $425 F TB MC Qu. 10-44 The following labor standards have been ... The following labor standards have been established for a particular product Standard labor-hours per unit of output Standard labor rate 9.1 hours $16.70 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost Actual output 9,700 hours $159,080 960 units What is the labor rate variance for the month Multiple nolce Hal is ledbor late Variance for the month? Multiple Choice $13,189 F $2.910 F $15 810 U S13 189 U Help Save & Exit TB MC Qu. 10-48 The following standards for variable ... The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output Standard variable overhead rate 6.6 hours $13.00 per hour The following data pertain to operations for the last month Actual hours Actual total variable manufacturing overhead cost Actual output 2,675 hours $35,435 250 units What is the variable overhead efficiency variance for the month? Multiple Choice $21.450 F What is the variable overhead efficiency variance for the month? Multiple Choice $21,450 F $13,985 U $660 U O $13,325 0