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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 purchased
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 The direct materials price variance is O a. $4,275 unfavorable 901 units 1,078 units O b. $4,275 favorable O c. $1,710 favorable Od 1710 unfavorable $1.91 11 12,214 $25,039 Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. Do not round interim calculations. Round your final answer to the nearest dollar. $14.05 per hour 4.5 5,551.7 $84,663 $1,079,000 $27.00 per standard labor hour $155,448
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