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Your answer is partially correct. In October, Pine Company reports 18,600 actual direct labor hours, and it incurs $126,540 of manufacturing overhead costs. Standard hours
Your answer is partially correct. In October, Pine Company reports 18,600 actual direct labor hours, and it incurs $126,540 of manufacturing overhead costs. Standard hours allowed for the work done is 22,200 hours. The predetermined overhead rate is $5.75 per direct labor hour. Compute the total overhead variance. Total Overhead Variance $ 19590 Favorable e Textbook and Media Save for Later Attempts: 1 of 3 used Submit AnswerCurrent Attempt in Progress Wildhorse Company's standard labor cost of producing one unit of Product DD is 3.20 hours at the rate of $12.10 per hour. During August, 44,000 hours of labor are incurred at a cost of $12.30 per hour to produce 13,500 units of Product DD. (a) Compute the total labor variance. Total labor variance $ (b) Compute the labor price and quantity variances. Labor price variance $ Labor quantity variance $ (c) Compute the labor price and quantity variances, assuming the standard is 3.4 hours of direct labor at $12.45 per hour. Labor price variance $ Labor quantity variance $ e Textbook and MediaCurrent Attempt in Progress Sunland Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (9 pounds at $1.90 per pound) $17.10 Direct labor (4 hours at $10.00 per hour) $40.00 Du ring the month of April, the company manufactures 160 units and incurs the following actual costs. Direct materials purchased and used (2,100 pounds) $4,410 Direct labor (680 hours) $6,664 Compute the total, price, and quantity variances for materials and labor. Total materials variance $ V Materials price variance $ V Materials quantity variance $ V Total labor variance $ V Labor price variance $ v Labor quantity variance $ V eTextbook and Media
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