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The following data were drawn from the rocords of Kersten Corporation. Planned volume or year (static budget 6.000 units 3.1 bs. C$1.50 per pound Standard
The following data were drawn from the rocords of Kersten Corporation. Planned volume or year (static budget 6.000 units 3.1 bs. C$1.50 per pound Standard diroct matonals, cost Standard direct labor cost per unit $28.200 Total expected fixed overhead coats Actual volume for the year (Mexible budget 6300 units 2.7 bs, S2.00 per pound Actual direct materials cost per unit Actual direct 23 hrs. $3.60 por hour bar cost per $22,500 Total actual fixed overhead costs Required a materials variance information table showing the standard price, the actual e standard a. Prepare quantity, and the actual quantity (Round "Standard price" and "Actual price to 2 decimal places.) Materials Variance Information Table Amounts Standard price per pound Actual price per pound standard quantity for fexible budget pounds Actual quantity used b, Calculate the materials price and usage variances. Indicate whethe variances are favorable (F) or unfavorable (UN (Select "None" ifthere is no effect (Ue. zero variance).) Material price variance Meteriel usage varience C. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the actual hours. (Round "Standard price" and "Actual price" to 2 decimal places. bor Variance Information Table Amounts Standard price per hour Actual price per hou Standard hours for nexible budget hours Actual hours usod hours d. Calculato the labor price and usage variances. Indicate whether the varianoos are favorable (F) a unfavorable (U Select "None'' if there is no effect (iie.. zero
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