1) Material price variance = (Standard price-actual price)Standard qty
3770 = (13*7540-X)
X = 98020-3770
X(Actual Cost) = 94250
Actual Cost per gallon = 94250/7540 = 12.50
So answer is c) $12.50
2) Applied overhead = 4800*10*3.5 = 168000
Actual overhead = 157600
Over applied overhead = 168000-157600 = 10400
So answer is d) $10400 over applied
3) Labor efficiency variance = (4740*2-8890)*29.50 = 17405 F
So answer is b) $17405 F
Scarlett Company has a direct material standard of 3 gallons of input at a cost of...
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