QUESTION 27 Question 22 to 29: Below is Justin Corp's flexible budget and actual results for making 52,000 units. The company's expected manufacturing products in the static budget is 50,000 units. Budget Amt Per Unit Actual Results Variance Flexible Budget 52000 52000 13000 Unit (Batches of 100) Variable costs DM DL VOH Fixed Costs Fixed Overhead Total 1.84 2.88 0.72 104000 145600 30160 1160 1280 91000 149760 37440 - 1080 23920 303680 25000 303200 480 Additional information for DM: Direct materials cost standard $1.75 per pound of paraffin Direct materials efficiency standard 1.05 pound of paraffin per batch of crayons Actual amount of paraffin used 65,000 pounds Actual cost of paraffin used $104,000 Additional information for DL: Direct labor cost standard $12.00 per DLH Direct labor efficiency standard 0.24 DL Hr per batch of crayons Actual amount of direct labor hours 10,400 DLHO Actual cost of direct labor $145,600 Additional information for OH: Variable OH cost standard $3.00 per DLH Fixed OH standard overhead allocation rate $2.00 per DLH Variable OH efficiency standard 0.24 DL.Hr per batch of crayons Actual amount of direct labor hours 10,400 DLH Actual cost of variable OH $30,160 Compute variable overhead efficiency (quantity) variance 6,032 U 6,240 F b. 6,240 6,032 F O d