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Question Completion Status: 1 paints QUESTION 1 Piper Corporation's standards call for $250 direct labor-hours...

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Question Completion Status: 1 paints QUESTION 1 Piper Corporation's standards call for $250 direct labor-hours to produce 1750 units of product. During October the company worked 1200 direct labor hours and produced 1200 units. The standard hours allowed for October would be 3600 hours 5250 hours 1650 hours 4050 hours BE 1 points QUESTION 2 Migunt Corporation makes a product with the following standard costs Standard Quantity or Standard Price or Saandard Cost Hours Rate Per Unit Direct materials 2 biter $ 7.50perine 52100 Direct labor Shours $ 27.00per hour S 13.50 Variable overhead 05hours $ 250 per hour 3 1.25 The company budgeted for production of 100 units in September, but actual production was 3000 units. The company used 5940 ters of direct material and 1730 direct labor hours to produce this output. The company purchased 6300 ters of the direct material 57.70 perler. The actual directorate was $29.10 per hour and the actual variable overhead rate was $2.40 per hour The company applies variable overhead on the basis of direct labor hours. The direct materials purchases variance is computed when the materih are purchased The variable overhead rate variance for September 51500 $150F 51730 $123 1 point

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