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The following data are given for Harry Company: Budgeted production 1,062 units Actual production 904 units Materials: Standard price per ounce $1.797 Standard ounces per

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The following data are given for Harry Company: Budgeted production 1,062 units Actual production 904 units Materials: Standard price per ounce $1.797 Standard ounces per completed unit Actual ounces purchased and used in production 11,173 Actual price paid for materials $22,905 Labor: Standard hourly labor rate $14.07 per hour Standard hours allowed per completed unit 4.5 Actual labor hours worked 4,656 $75,660 Actual total labor costs Overhead: Actual and budgeted fixed overhead $1,102,000 Standard variable overhead rate $24.00 per standard labor hour Actual variable overhead costs $130,368 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is Oa. $18,423.24 unfavorable Ob. $10,150.08 favorable Oc. $10,150.08 unfavorable Od. $18,423.24 favorable

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