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NEW COMPANY MADE 150,000 CABLES BELOW ARE THE STANDARD VARIABLE COST FOR EACH CABLE PER CABLE DIRECT MATERIAL 1.2 LBS @ $1.42 DIRECT LABOR $1.704 4 LABOR HOURS @ $23.65 $9.460 VARIABLE PRODUC4 LABOR HOURS @ $13.00 $5.200 TOTAL PER CABLE $16.364 INCURRED ACTUAL COSTS WERE DIRECT MATERIAL 195,000 LBS @ $1.45 DIRECT LABOR $282,750.00 66,000 LABOR HOURS @ $25.00 $1,650,000.00 VARIABLE PRODUCTION OVERHEAD $760,000.00 COMPUTE THE DIRECT MATERIALS, LABOR, AND VARIABLE PRODUCTION OVERHEAD PRICE AND EFFICIENCY VARIANCE. AP X AQ PRICE VAR SP X AQ EFF VAR SP X SQ MATERIAL LABOR OVERHEAD
NEW COMPANY MADE 150,000 CABLES BELOW ARE THE STANDARD VARIABLE COST FOR EACH CABLE PER CABLE DIRECT MATERIAL 1.2 LBS @ $1.42 DIRECT LABOR $1.704 4 LABOR HOURS @ $23.65 $9.460 VARIABLE PRODUC4 LABOR HOURS @ $13.00 $5.200 TOTAL PER CABLE $16.364 INCURRED ACTUAL COSTS WERE DIRECT MATERIAL 195,000 LBS @ $1.45 DIRECT LABOR $282,750.00 66,000 LABOR HOURS @ $25.00 $1,650,000.00 VARIABLE PRODUCTION OVERHEAD $760,000.00 COMPUTE THE DIRECT MATERIALS, LABOR, AND VARIABLE PRODUCTION OVERHEAD PRICE AND EFFICIENCY VARIANCE. AP X AQ PRICE VAR SP X AQ EFF VAR SP X SQ MATERIAL LABOR OVERHEAD
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