The following standard costs were developed for one of the companys products:

Standard Cost Card Per Unit

Materials: 10 pounds x $8 per pound $80.00

Direct Labor: 3 hours x $32 per hour 96.00

Variable Manufacturing Overhead: $20 per hour ?

Fixed Manufacturing overheard: $X per hour ?

Total standard cost per unit ?

The following information is available regarding the companys operation for the period.

Units produced: 15,000

Materials purchased and used: 153,000 pounds @$7.50 per pound

Direct labor: 47,000 hours @ $34 per hour

Manufacturing overhead incurred:

Variable $912,000

Fixed $ 2,560,000

Budgeted fixed manufacturing overhead for the period is $2,700,000 and expected capacity for the period is 45,000 direct labor hours.

Required:

a. Calculate the standard fixed manufacturing overhead rate

b. Complete the standard cost card per unit for the product

c. Calculate the direct material price and quantity variances

d. Calculate the direct labor rate and efficiency variances

e. Calculate the variable overhead rate and efficiency variances

f. Calculate the fixed overhead spending variance.

Please answer all the questions as first one was incomplete. Thanks.