The following data are given for Harry Company: Budgeted production Actual production Materials: Standard price per...

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The following data are given for Harry Company: Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate. Actual variable overhead costs 1,091 units 945 units $1.805 12 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is 11,680 $23,944 $14.58 per hour 4.9 4,867 $79,089 $1,163,000 $26.00 per standard labor hour $136,276 The following data are given for Harry Company: Budgeted production Actual production Materials: Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate. Actual variable overhead costs 1,091 units 945 units $1.805 12 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is 11,680 $23,944 $14.58 per hour 4.9 4,867 $79,089 $1,163,000 $26.00 per standard labor hour $136,276

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