The standard cost sheet for Chambers Company, which manufactures one product, follows:Direct labor, hours at $ per hour
Factory overhead applied at of direct labor
variable costs $; fixed costs $
Variable selling and administrative
Fixed selling and administrative
Standards have been computed based on a master budget activity level of direct laborhours per month. Actual activity for the
past month was as follows:Direct labor theta hours at $ per hour
Total factory overhead $theta
Production unitsRequired:
Prepare varlance analyses for the varlable and fixed costs. Materlals are purchased as they are used. Do not round Intermedlate
calculations. Indlcate the effect of each varlance by selecting F for favorable, or U for unfavorable. If there is no effect, do not
select elther option.
