Question

HELP ASAP

The standard cost card for the single product manufactured by cutter, Inc, is given below Direct labor, 8 hours at $14 00 per hour Variable overhead, 8 hours at $1.50 per hour Fixed overhead, 8 hours at $4.00 per hour Total standard cost per unit S 8.80 11 20 1.20 3.20 S 2440 Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the year, the company worked 8,920 hours and manufactured 10,900 units of product. Selected data relating to the company's fixed manufacturing overhead cost for the year are shown below Fixed Overhead Applied to Work in Actual Fixed Overhead Budgeted Fixed Overhead ? hours x $? per hour $35,800 Budget variance, $2 1 Volume variance $1,280 F Required 1. What were the standard hours allowed for the year's producton? (Round "Standara hours per unit' to 1 decimal place.) Total produced last year Standard hours per unit Standard-hours units DLH per unt 2 What was the amount of budgeted tixed overhead cost for the year? udgated fixed overhead cost he fxed overhead budget variance for the year? (Indicate the effect of each variance by selecting "F" for favorable, "U" tor unfavorable, and "None" for no effect (i.e., zero variance).) udget variance

Answer 1

,900 ts 8320 aouhad vo : 33 boo

cmtebon d.ned oet rd hdyt \rtrinnG.杂 s3200 () 33,600