Question: PLEASE ANSWER WITH SOLUTION ASAP THANKS Information on Bustos Manufacturing Company's overhead costs is as follows: Budgeted overhead based on standard direct-labor hours allowed P90,000


PLEASE ANSWER WITH SOLUTION ASAP THANKS
Information on Bustos Manufacturing Company's overhead costs is as follows: Budgeted overhead based on standard direct-labor hours allowed P90,000 Budgeted overhead based on actual direct-labor hours allowed P89,000 Standard applied overhead P86,000 Actual overhead P92,000 What is the total overhead variance? P8,000 unfavorable P9,000 favorable P6,000 unfavorable OP4,000 favorable ALPHA Co. uses a standard cost system. Direct materials statistics for the month of May are summarized below: Standard unit price P90.00 Actual units purchased 40,000 Standard units allowed for actual production 36,250 Materials price variance- favorable P6,000 What was the actual purchase price per unit? P90.15 P75.00 P85.89 P88.50 P89.85
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