DireetmaterialsDirectlaborManufacturingoverhead6poundsat$0.90perpound=0.5hourat$12.00perhour=0.5hourat$4.80perhour=$5.40$6.00$2.40 During the latest month, the company purchased and used 58,000...
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DireetmaterialsDirectlaborManufacturingoverhead6poundsat$0.90perpound=0.5hourat$12.00perhour=0.5hourat$4.80perhour=$5.40$6.00$2.40 During the latest month, the company purchased and used 58,000 pounds of direct materiois at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $56,350 based on 4,900 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15,000 and fixed manufacturing overhead incurred was $10,400. Eased on this information, the total direct labor variance for the month was
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