Question: For question 7 - 8 - 9 and 1 0 use this information The Baby Clothing Company makes a single product and uses standard costing.
For question and use this information
The Baby Clothing Company makes a single product and uses standard costing. Some data concerning this product for the month of May follow:
Labour rate variance $ favourable
Labour efficiency variance $ favourable
Variable overhead efficiency variance $ favourable
Number of units produced
Standard labour rate per direct labour hour $
Standard variable overhead rate per direct labour hour $
Actual labour hours used
Actual variable manufacturing overhead costs $
What was the variable overhead spending variance for May?
A $ favourable
B $ unfavourable
C $ unfavourable
D $ favourable
What was the actual direct labour rate for May in dollars per hour?
A $
B $
C $
D $
What was the total standard cost for direct labour for May?
A $
B $
C $
D $
What was the total standard cost for variable overhead for May?
A $
B $
C $
D $
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