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The following data is given for the Stringer Company: Budgeted production Actual production 932 units 1,057 units Materials: $1.77 12 Standard price per ounce Standard
The following data is given for the Stringer Company: Budgeted production Actual production 932 units 1,057 units Materials: $1.77 12 Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials 13,065 $26,783 Labor: $14.32 per hour 4.9 5,443.55 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 $83,014 $1,068,000 $24.00 per standard labor hour Actual variable overhead costs $152,419 Overhead is applied on standard labor hours. Round your final answer to the nearest dollar. Do not round Interim calculations. The direct materials price variance is Oa. 9.145.5 unfavorable Ob. $3,658 2 unfavorable Oc. $3,658 2 favorable Od. 39.145,5 favorable All work saved
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