The following data is given for the Stringer Company: Budgeted production 969 units Actual…

The following data is given for the Stringer Company: Budgeted production 969 units Actual production   1,062 units Materials:       Standard price per ounce $1.88     Standard ounces per completed unit 11     Actual ounces purchased and used in production 12,032     Actual price paid for materials $24,666 Labor:       Standard hourly labor rate $14.73 per hour     Standard hours allowed per completed unit 4.4     Actual labor hours worked 5,469.3     Actual total labor costs $83,407 Overhead:       Actual and budgeted fixed overhead budgeted fixed overhead $1,186,000     Standard variable overhead rate $26.00 per standard labor hour     Actual variable overhead costs $153,140 Overhead is applied on standard labor hours. The direct materials quantity variance is a.2,045.84 favorable b.2,045.84 unfavorable c.658.00 unfavorable d.658.00 favorable    

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