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54. The labor rate variance for March is:
55. The labor efficiency variance for March is:
56. The variable overhead efficiency variance for March is:
Hurren Corporation makes a product with the following standard costs:
The company reported the following results concerning this product in June.
The company applies variable overhead on the basis of direct labor-hours. The direct materials
purchases variance is computed when the materials are purchased.
57. The materials quantity variance for June is:
58. The materials price variance for June is:
59. The labor efficiency variance for June is:
60. The labor rate variance for June is:
61. The variable overhead efficiency variance for June is:
62. The variable overhead rate variance for June is:
Snuggs Corporation makes a product with the following standard costs:
The company reported the following results concerning this product in October.
The company applies variable overhead on the basis of direct labor-hours. The direct materials
purchases variance is computed when the materials are purchased.
63. The materials quantity variance for October is:
64. The materials price variance for October is:
65. The labor efficiency variance for October is:
66. The labor rate variance for October is:
67. The variable overhead efficiency variance for October is:
68. The variable overhead rate variance for October is:
11-53
Kibodeaux Corporation makes a product with the following standard costs:
The company budgeted for production of 3,300 units in June, but actual production was 3,400
units. The company used 33,240 liters of direct material and 320 direct labor-hours to produce
this output. The company purchased 35,900 liters of the direct material at $4.90 per liter. The
actual direct labor rate was $22.70 per hour and the actual variable overhead rate was $2.70 per
hour.
The company applies variable overhead on the basis of direct labor-hours. The direct materials
purchases variance is computed when the materials are purchased.
69. The materials quantity variance for June is:
70. The materials price variance for June is:
71. The labor efficiency variance for June is:
72. The labor rate variance for June is:
73. The variable overhead efficiency variance for June is:
11-59
74. The variable overhead rate variance for June is:
Gentile Corporation makes a product with the following standard costs:
The company produced 6,000 units in May using 36,970 kilos of direct material and 4,340 direct
labor-hours. During the month, the company purchased 40,400 kilos of the direct material at
$4.70 per kilo. The actual direct labor rate was $13.70 per hour and the actual variable overhead
rate was $2.70 per hour.
The company applies variable overhead on the basis of direct labor-hours. The direct materials
purchases variance is computed when the materials are purchased.
75. The materials quantity variance for May is:
