937 units 1,079 units $1.79 12 The following data are given for Stringer Company: Budgeted...
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937 units 1,079 units $1.79 12 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 13,336 $27,339 $14.76 per hour 4.2 5,556.85 $84,742 Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs $1,159,000 $25.00 per standard labor hour $155,592 Overhead is applied on standard labor hours. The direct materials quantity variance is Oa. 3,467.56 favorable Ob. 3,467.56 unfavorable Oc. 694.52 unfavorable Od. 694.52 favorable
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