975 Units 1 054 Units 1 82 11 11 942 24 481 The Following Data Are Given For Stringer Company Budgeted Production Act 1 (21.09 KiB) Viewed 26 times
975 Units 1 054 Units 1 82 11 11 942 24 481 The Following Data Are Given For Stringer Company Budgeted Production Act 2 (22.36 KiB) Viewed 26 times
975 units 1,054 units $1.82 11 11,942 $24,481 The following data are given for Stringer 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 $14.02 per hour 4.0 5,426.1 $82,779 $1,126,000 $27.00 per standard labor hour $151,987 Overhead is applied on standard labor hours. Do not round interim calculations. Round your final answer to the nearest dollar.
$1.82 11 11,942 $24,481 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 $14.02 per hour 4.0 5,428.1 $82,779 $1,126,000 $27.00 per standard labor $151,987 Overhead is applied on standard labor hours. Do not round interim calculations. Round your final answer to the nearest dollar The direct materials price variance is Oa 56,867 favorable Ob. $2,747 unfavorable Oc. 52,747 favorable Od. 56,867 unfavorable
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