Question: The Rollowing data are given for Stringer Company:table[[Bubyeted productson,973 units],[Actual production,1,047 units],[Materials:],[Standard price per ounce,$1.79],[Standard ounces per completed unit,10],[Actual cunces purchased and used in production,10,784],[Actual
The Rollowing data are given for Stringer Company:\table[[Bubyeted productson,973 units],[Actual production,1,047 units],[Materials:],[Standard price per ounce,$1.79],[Standard ounces per completed unit,10],[Actual cunces purchased and used in production,10,784],[Actual price paid for materials,$22,107],[Labor:],[Standard hourty labor rate,$14.54 per hour],[Standard hours allowed per completed unit,4.3],[Actual labor hours worked,5,392.05],[Actual total labor costs,$82,229],[Overhead:],[Actual and budgeted flxed overhead,$1,040,000],[Standard variable overhead rate,$24.00 per standard labor hour],[Actual variable overhead costs,$150,977]]Overhead is applied on standard labor hours.The direct materials quantity variance is2203.64 fineralleb.2,803,84 mileverablec.962.06 mefoserable592.06 forwalle
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