Question: The following data is given for the Stringer Company: Budgeted production 910 units 1,046 units Actual production Materials: Standard price per ounce Standard ounces

The following data is given for the Stringer Company: Budgeted production 910

The following data is given for the Stringer Company: Budgeted production 910 units 1,046 units 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 Overhead is applied on standard labor hours. The direct materials quantity variance is Oa. 3.231.80 favorable Ob. 3,231.80 unfavorable Oc. 678.60 unfavorable Od. 678.60 favorable $1.8 12 12,929 $26,504 $14.81 per hour 4.41 5,386.9 $82,150 $1,041,000 $28.00 per standard labor hour $150,833

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