Reference no: EM132854957
Question - Ralph Inc. had the following variances for the most recent month:
Direct Labor Rate Variance $14,560 U
Direct Labor Efficiency Variance $ 3,660 U
Variable Overhead Spending Variance $12,320 F
Other information included: actual wages paid $105,560; materials purchased $124,860; standards per unit were 2 labor hours at $5 per hour and variable overhead at $6 per hour.
Required -
a. Find the units produced.
b. Find the standard labor hours.
c. Find the actual labor hours.
d. Find the variable overhead efficiency variance.
e. Find the actual variable overhead.
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