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t.y Tharaldson Corporation makes a product with the following standard costs Direct materials Direct labor Variable overhead Standard Quantity or Hours 6.2 ounces 0.7 hours
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Tharaldson Corporation makes a product with the following standard costs Direct materials Direct labor Variable overhead Standard Quantity or Hours 6.2 ounces 0.7 hours 0.7 hours Standard Price or Rate $ 7.00 per ounce $ 10.00 per hour $ 7.00 per hour Standard Cost Per Unit $43.40 $ 7.00 $ 4.90 The company reported the following results concerning this product in June Originally budgeted output Actual output Raw saterials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 3,400 units 2,500 units 20,899 ounces 21,100 ounces 4,500 hours $ 41,900 $ 13,400 $ 3,700 The company opolies vantable overhead on the basis of direct labor hours. The direct materials purchases variance is computed when the materials are purchased The materiais Quantity variance for June is Vuos Choice $18.480 FStep by Step Solution
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