Question: Please answer ASAP with detailed calculation. Please do not hand write. Thank you. Majer Corporation makes a product with the following standard costs; Standard Quantity

Please answer ASAP with detailed calculation. Please do not hand write. Thank you.

Please answer ASAP with detailed calculation. Please do not hand write. Thankyou. Majer Corporation makes a product with the following standard costs; Standard

Majer Corporation makes a product with the following standard costs; Standard Quantity Standard Price or Standard Cost Per or Hours Rate Unit Direct materials 6.1 ounces 3; 3.66 per ounce $ 18.36 Direct labor 6.4 hours 5 16.66 per hour 3; 6.4. Variable overhead 6.4 hours is 3.66 per hour $ 1.26 The company reported the following results concerning this product in February, Originally budgeted output 5,666 units Actual output 6,166 units RawI materials used in production 33,566 ounces Actual direct laborhours 2,676 hours Purchases of raw materials 34,666 ounces Actual price of raw materials 3!; 57.16 per ounce Actual direct labor rate 35 47.66 per hour Actual variable overhead rate 35 5.76 per hour The company applies variable overhead on the basis of direct laborinours. The direct materials purchases variance is computed when the materials are purchased. The variabie overhead efficiency variance for February is:

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