Question: QUESTION 2 Material Labour Variable overhead Fixed overhead Production Standard cost information 1 * 4kg per unit 1.50 * 2hrs per unit 0.5 * 2hrs

QUESTION 2 Material Labour Variable overhead Fixed overhead Production Standard cost

QUESTION 2 Material Labour Variable overhead Fixed overhead Production Standard cost information 1 * 4kg per unit 1.50 * 2hrs per unit 0.5 * 2hrs per unit 2 * (2hrs * 10,000 units) Budgeted 10,000 units Actual cost information 35,000 kg oosting 34,000 17,000 hrs oosting 30,000 9,000 40,000 Actual 9,000 units Requirement: Calculate direct material, direct labor and manufacturing overhead variances

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