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  3. mojer corporation makes a product with the followi

Mojer Corporation makes a product with the following standard costs Standard Quantity or Hours 6.4...

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Accounting

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Mojer Corporation makes a product with the following standard costs Standard Quantity or Hours 6.4 ounces 0.6 hours 0.6 hours 1:45 Direct materials Direct labor Variable overhead Standard Cost Per Unit $ 12.80 $ 6.60 $ 2.40 Standard Price or Rate $ 2.00 per ounce $ 11.00 per hour $ 4.00 per hour The company reported the following results concerning this product in February Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 5,000 units 5,100 unita 30, 100 ounces 1,910 hours 32,500 ounces $ 22.90 per ounce 5 32.40 per hour $ 3.20 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 The variable overhead rate variance for February The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased The variable overhead rate variance for February is. Multiple Choice $1,533 Unfavorable $1,533 Favorable D $1528 Favorable $1,528 Unfavorable

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