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Theraldson Corporation makes a product with the following standard costs. Quantity or Standard Price or...

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Accounting

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Theraldson Corporation makes a product with the following standard costs. Quantity or Standard Price or Cest Rate 3.00 per ounce Direct materials Direct labor Variable overhead 5,4 ounces 0.7 hours $ 12.00 per hour$ 8.40 8.7 hours $ 9.00 per hour The company reported the following results concerning this product in kune Originally budgoted output Actual output Reus naterials used in preduction Purchases of raw materials Actual direct labor-hours Actual cost of raw naterialspurchases Actual direct labor cost Actual variable overhead cost 24,080 ounces 20,300 ounc 5,300 hours s42.700 s 14,208 s 4,100 The company applies vaiable oveshead on the basis of direct labor-hours. The drect manernials purchases vasianceis computed The materiels quantty variance for June is Multipie Choce $3,560 F to search

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