Question: Murray, Inc's current year budget is based on: 40,000 units. The standard costs per unit are: Qty $ Direct materials 10 pounds 4.00 per pound

Murray, Inc's current year budget is based on: 40,000 units.
The standard costs per unit are:
Qty $
Direct materials 10 pounds 4.00 per pound $20.00 per unit
Direct labor 4 hours 17.5 per hour 17.5 per unit
Variable overhead 4 hours 9 per hour 6 per unit
Fixed overhead 4 hours 21 per hour 14 per unit
Total cost per unit $57.50 per unit
The actual production achieved in the current year was: 30,000 units.
During the year, Maroon used: 298,000 pounds of material.
The actual costs incurred were:
Qty $
Direct materials 300,700 pounds $ 1,232,870
Direct labor 119,600 hours $ 2,081,040
Variable overhead $ 1,152,000
Fixed overhead $ 3,312,000

Calculate Murrays standard quantities allowed and its eight variances. Do not type dollar signs ($) or spaces (_).

SQa materials pounds
SQa labor hours
DM price $
DM efficiency $
DL price $
DL efficiency $
VOH spending $
VOH efficiency $
FOH spending/flexible budget $
FOH production-volume $

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