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These are the standard costs for Robert Company: Direct materials Direct labor Variable overhead 0.8 hours The company made 3,340 units in June, using 13,360
These are the standard costs for Robert Company: Direct materials Direct labor Variable overhead 0.8 hours The company made 3,340 units in June, using 13,360 ounces of material and 2,792 direct labor hours. The company purchased 14,120 ounces of material for $35,100. Direct labor cost was $63,813 and variable overhead cost was $28,084. Multiple Choice The company applies variable overhead on the basis of direct labor-hours. June's labor rate variance is: $403 F $403 U Standard Quantity (Hours) 5.5 grams 0.8 hours $2,357 U Standard Price (Rate) $ 5.00 per gram $ 23.00 per hour $ 10.50 per hour $2,357 F
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