Question: needing some help *** overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity

needing some help
needing some help *** overhead is applied to products on the basis

*** overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 8.4 ounces 0.6 hours 0.6 hours Standard Price or Rate $ 6.50 per ounce $23.80 per hour $ 4.80 per hour The company has reported the following actual results for the product for April: Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 6,000 units 54,760 ounces $299, 360 50,410 ounces 3,270 hours $ 80,810 $ 14,953 Required: a. Compute the materials price variance for April b. Compute the materials quantity variance for April c. Compute the labor rate variance for April d. Compute the labor efficiency variance for April e. Compute the variable ov head rate variance for April 1. Compute the variable ove nead efficiency variance for April (Indicate the effect of ooc variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance). Input all amounts os positive values.)

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