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Antuan Company set the following st
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Antuan Company set the following standard costs per unit for its product. Direct materials (6
pounds @ $5 per pound) $ 30 Direct labor (2 hours @ $17 per hour) 34 Overhead… Show more
Antuan Company set the following standard costs per unit for its product. Direct materials (6
pounds @ $5 per pound) $ 30 Direct labor (2 hours @ $17 per hour) 34 Overhead… Show more
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Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 45,000 Indirect
labor 180,000 Power 45,000 Maintenance 90,000 Total variable overhead costs 360,000
Fixed overhead costs DepreciationBuilding 24,000 DepreciationMachinery 80,… Show more
labor 180,000 Power 45,000 Maintenance 90,000 Total variable overhead costs 360,000
Fixed overhead costs DepreciationBuilding 24,000 DepreciationMachinery 80,… Show more
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2. Compute the direct materials variance, including its price and quantity variances. (Indicate
the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual quantity
Standard quantity
the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual quantity
Standard quantity
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2. Comput direct materials variance, including its price and quantity variances. (Indicate the
effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost
Standard Cost Actual price Standard price
effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost
Standard Cost Actual price Standard price
