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The following data are given for Stringer Company: Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces
The following data are given for Stringer Company: Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs 13 966 units 1,071 units $1.82 10 11,031 $22,614 $14.62 per hour 4.2 5,515.65 $84,114 $1,153,000 $24.00 per standard labor hour $154,438 Overhead is applied on standard labor hours. Do not round interim calculations. Round your final answer to the nearest dollar.
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