18 Variable overhead 0.3 hours$8.90 per hourThe company produced 7,100 units in January using 41,210 grams of direct material and 2,570 direct labor-hours. During themonth, the company purchased 46,300 grams of the direct material at $3.60 per gram. The actual direct labor rate was $38.30per hour and the actual variable overhead rate was $8.70 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computedwhen the materials are purchased.The variable overhead rate variance for January is:O $426 FavorableO $426 UnfavorableO $514 UnfavorableO $514 Favorable Doogan Corporation makes a product with the following standard costs:Standard Quantity or Hours Standard Price or Rate$3.90 per gram$39.00 per hour$8.90 per hourDirect materials 9.3 gramsDirect labor0.3 hoursVariable overhead 0.3 hoursThe company produced 7,100 units in January using 41,210 grams of direct material and 2,570 direct labor-hours. During themonth, the company purchased 46,300 grams of the direct material at $3.60 per gram. The actual direct labor rate was $38.30per hour and the actual variable overhead rate was $8.70 per hour.The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computedwhen the materials are purchased.The variable overhead rate variance for January is:$426 FavorableO $426 Unfavorable$514 Unfavorable$514 FavorableMacBook Air

Name: 18 Variable overhead 0.3 hours$8.90 per hourThe company produced 7,100
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: 18 Variable overhead 0.3 hours$8.90 per hourThe company produced 7,100 units in January using 41,210 grams of direct material and 2,570 direct labor-hours. During themonth, the company purchased 46,300 grams of the direct material at $3.60 per gram.