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Tharaldson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 5.9 ounces 0.4 hours 0.4
Tharaldson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 5.9 ounces 0.4 hours 0.4 hours Standard Price or Rate $ 2.00 per ounce $ 10.ee per hour 5 4.00 per hour Standard Cost Per Unit $ 11.80 $ 4.00 $ 1.60 The company reported the following results concerning this product in June. Originally budgeted output Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 3,700 units 3,300 units 21, see ounces 22,800 ounces 510 hours $ 42,400 $ 13,700 $ 3,750 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed When the materials are Durchased The variable overhead rate variance for June is: Multiple Choice $1722 $1710 U 51722 F 51710 F
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