$191 F$210 F$210 U$191 U Bulluck Corporation makes a product with the following standard costs:Direct materialsDirect laborVariable overheadStandard Quantity or Hours3.5 grams0.7 hours0.7 hoursThe company reported the following results concerning this product in July.Actual outputRaw materials used in productionActual direct labor-hoursPurchases of raw materialsActual price of raw materials purchasedActual direct labor rateActual variable overhead rateStandard Price or Rate$ 1.00 per gram$ 11.00 per hour$ 2.00 per hourThe variable overhead rate variance for July is:3,000 units11,370 grams1,910 hours12,100 grams$ 1.20 per gram$11.40 per hour$ 2.10 per hourThe company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials arepurchased.

Name: $191 F$210 F$210 U$191 U Bulluck Corporation makes a product with the
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: $191 F$210 F$210 U$191 U Bulluck Corporation makes a product with the following standard costs:Direct materialsDirect laborVariable overheadStandard Quantity or Hours3.5 grams0.7 hours0.7 hoursThe company reported the following results concerning th