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asap pls The budgeted fixed overhead cost is $15.400 per month....

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Accounting

asap pls
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The budgeted fixed overhead cost is $15.400 per month. The denominator activity level of the allocation base is 800 direct labourhours. During the most recent month, the following activity was recorded: a. 9.700 kilograms of material were purchased at a cost of $2.22 per kilogram. b. A total of 840 hours of direct labour time was recorded at a total labour cost of $9,300. c. The variable overhead cost was $1,660, and the fixed overhead cost was $15,499. Assume that the company produced 1.200 units, using 6.700kilograms of material in the production process. (The rest of the materlal purchased remained in inventory.) Required 1. Compute the direct materials price and quantity variances for the month. (Indicate the effect of each variance by selecting "F" for fovourable, "U" for unfovourable, and "None" for no effect (i.e., zero variance).)

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