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Determine the actual costs incurred during the month of may

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Question - Blue Dingo uses a standard costing system. The company's standard costs and variances for direct materials, direct labor, and factory overhead for the month of May are as follows.

Variances Standard Cost Unfavorable Favorable Direct materials - $84,000        

Price variance - $4,800    

Quantity variance - $3,000

Direct labor - 173,000        

Rate variance - 2,700

Efficiency variance - 6,200    

Manufacturing overhead - 255,000        

Spending variance - 3,700

Volume variance - 5,000

Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead.

Reference no: EM131692368

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