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Costs and Production Data Actual Standard Raw materials unit cost $2.10 $2 Raw materials units...

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Accounting

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Costs and Production Data Actual Standard Raw materials unit cost $2.10 $2 Raw materials units 11,100 10,700 Direct labor payroll $163,900 $160,650 Direct labor hours 14,900 15,300 Manufacturing overhead incurred $208,340 Manufacturing overhead applied $211,140 -41,500 Machine hours expected to be used at normal capacity Budgeted fixed overhead for June Variable overhead rate per machine hour $66,400 $3.00 Fixed overhead rate per machine hour $1.60 Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for $492,000. Selling and administrative expenses were $35,300. Assume that the amount of raw materials purchased equaled the amount used, 1 (1) Total materials variance $ > Materials price variance $ > Materials quantity variance $ > 2 (2) Total labor variance Labor price variance $ Labor quantity variance $

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