Tharaldson Corporation makes a product with the following standard costs Direct materials Standard Ouantity standard Price standard Coat or four Or Rate Ter Unit 6. $3.00 per S 20.10 ounce Ounce 0.4 hours $11.00 per hour 4.60 0.4 hours $6.00 per hour 5 2.40 Direct labor Variable overhead 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 material purchases Actual direct labor coat Actual variable overhead coat 2,100 units 2,600 units 19.500 ounces 20,500 ounces 520 hours 541,000 $12, 100 $ 3,300 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 rate variance for June is Tharaldson Corporation makes a product with the following standard costs standard Cout Standard Quantity Standard perce or or Or Rate 3.5 $ 3.00 per Direct materials 5 22.50 Ounces ounce Direct labor 0.4 hours 7.60 $19.00 per hour 58.00 per hour Variable overhead 0.4 hours $ 3.20 The company reported the following results concerning this product in June, Originally budgeted output Actual output Raw materials used in production Purchases of raw materiala Actual direct labor-hours Actual cost of raw materials purchasen Actual direct labor cost Actual variable overhead coat 2,900 units 1,000 units 19.500 ounces 21,800 ounces 500 hours $42 $12,900 $ 3,450 The company applies valable overhead on the basis of direct labor hours. The direct materials purchases variance is computed when the materials are purchased The labor efficiency variance for June is Tharaldson Corporation makes a product with the following standard costs Direct materials Standard Quantity Standard Price standard coat or Hours Ortate Por Unit 5.2 $ 3.00 per $ 15.60 Ounces Ounce 0.9 hours $14.00 per hour $ 12.60 0.9 hours $5.00 per hour $ 4.50 Direct Labor Variable overhead 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 4,400 units 4.600 unita 21,900 ounces 22,900 ouncen 7,200 hours $39,500 $14,400 $ 4,200 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 materials price variance for June is
