Required information The following information applies to th

Required information (The following information applies to the questions displayed below] A manufactured product has the following information for June. Actual lbs. $8.10 per Standard Direct materials (6 lbs. e $8 per lb.) 48,500b Direct labor Overhead Units manufactured hrs. @ %16.50 per (2 hrs. $16 per hr.) (2 hrs. $12 per $198,000 hr.) 15, 700 8,000 AH Actual Hour SH-Standard Hours AR Actual Rate SR Standard Rate 7 Next

Solution

1.

Direct Labour Price Variance	(Standard rate-Actual rate)* Actual Hours
	(16-16.50)*15700
	7850 A