Dephart produces exholters. Variable is applied based on direct labor hours.

Dephart expects production for the coming period to be 4560 units. At that level of activity, variable overhead is expected to be $9120. It should take 2 direct labor hours to produce 1 exholter.

Actual results are as follows:
Number of exholters produced: 5700
Actual direct labor hours: 13680
Actual variable overhead cost: $10944


1. Complete the following standard cost sheet:

	Quantity	@	Price	Total
Direct materials	7 pieces		$3.00	$21.00
Direct labor	2 hours		$10.00	$20.00
Variable Overhead	2 hours		$	$
Standard Unit Cost				$

What would be in a flexible budget for materials cost?

What would be in a flexible budget for labor cost?

What would be in a flexible budget for variable overhead cost?  

Answer rating: 100% (QA)

To complete the standard cost sheet we first calculate the standard unit cost Direct materials 7 pie... View the full answer