The SCC Division of the Big-Drug Company uses standard costing to help control their production costs. The divisions main product is a pharmaceutical product that comes in a multi-dose package. The standard variable costs per package are given below:

Direct materials (chemical ingredients 1.2 ounces @$1.00 per ounce)

Direct materials (packaging 1 package piece @$0.40 per package piece)

Direct labor (.20 hour @ $17.00 per hour)

Variable overhead ($2.00 per direct labor hour)

Fixed overhead ($9.00 per direct labor hour)

During the most recent month, 88,000 finished packages of the product were produced. Other salient information follows:

Actual variable overhead	$35,750.00
Actual fixed overhead	$161,400.00
Actual direct labor hours	17,400
Actual direct labor hourly rate	$17.05
DM chemicals purchase price	$0.980
DM chemicals purchase quantity	115,000
DM packages purchase price	$0.41
DM packages purchase quantity	94,000
DM chemicals used	110,000
DM packages used	92,000
Fixed Overhead Budget	$162,000

For questions 23-30 compute each of the following variances indicating both the dollar amount and whether the amount is favorable (F) or unfavorable (U). If a variance is zero please input zero for the dollar amount and leave the F and U columns blank. DM= direct materials, DL= direct labor.

		Dollar Amount	F	U
23.	The DM price variance for chemicals
24.	The DM efficiency (quantity) variance for chemicals
25.	The DM price variance for packaging
26.	The DM efficiency (quantity) variance for packaging
27.	The DL rate variance
28.	The DL efficiency variance
29.	The variable overhead spending variance
30.	The fixed overhead spending variance

31. Optional extra credit opportunity- If the fixed overhead is applied based on a rate of $9.00 per direct labor hour, then what is the budgeted fixed overhead base (also called the denominator) quantified in terms of finished packages?