Question: Please help #10c Show Attempt History Current Attempt in Progress Ayala Corporation accumulates the following data relative to jobs started and finished during the month




Show Attempt History Current Attempt in Progress Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2020. Overhead is applied on the basis of standard machine hours. 3.10 hours of machine time are required for each direct labor hour. The jobs were sold for $458,000. Selling and administrative expenses were $35,700. Assume that the amount of raw materials purchased equaled the amount used. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to 0 decimal places, eg. 52.) (b) Compute the total overhead variance. Total overhead variance Attempts: 1 of 3 used (c) Prepare an income statement for management. (ignore income taxes.) (Round per unit values to 2 decimal places, e.g. 52.75 and final Question 10 of 10 8/12 $ eTextbook and Media
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