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You have been given the following list of variances for the Pennadi Company: Direct materials price variance $ 16,800 U Direct materials quantity variance 12,000

You have been given the following list of variances for the Pennadi Company: Direct materials price variance $ 16,800 U Direct materials quantity variance 12,000 U Direct labour rate variance 16,270 F Direct labour efficiency variance 27,000 U Variable overhead spending variance 3,120 U Variable overhead efficiency variance 6,000 U Fixed overhead budget variance 5,000 U Fixed overhead volume variance 53,250 F You have also been given the following information: Actual units produced 25,000 Budgeted units of production (normal volume) 20,000 Standard labour-hours for actual output 12,500 Standard material units for actual output 400,000 Actual direct labour costs $ 235,730 Actual cost of direct materials $ 496,800 Overhead is applied using direct labour-hours. Variable overhead is applied at the rate of $10 per direct labour-hour. The materials purchase price was $0.828.(Attempt the following questions in the order listed.)

6. How many actual direct labour-hours were worked?

7. What was the standard cost per unit of output produced, assuming that variable costing was used?

8. Calculate the budgeted fixed overhead cost allocation rate. (Round your answer to 2 decimal places.)

9. Calculate the actual, budgeted, and allocated fixed overhead costs.

10. Calculate the underapplied or overapplied fixed overhead cost.

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