The Clark Company makes a single product and uses standard costing. Some data c

The Clark Company makes a single product and uses standard costing. Some data concerning this product for the month of May follow: Labor rate variance: $ 7000 F
Labor efficiency variance: $12000 F
Variable overhead efficiency variance: $ 4000 F
Number of units produced: 10000
Standard labor rate per direct labor hour: $ 12
Standard variable overhead rate per direct labor hour: $ 4
Actual labor hours used: 14000
Actual variable manufacturing overhead costs: $58290
The standard hours allowed to make one unit of finished product are: 1.0.
1.2.
1.5.
2.0. Question 68: 1 pts The total standard cost for variable overhead for May was: The total standard cost for variable overhead for May was:
$56000.
$40000.
$60000.
$50000. Question 69: 1 pts The total standard cost for direct labor for May was: The total standard cost for direct labor for May was:
$168000.
$180000.
$120000.
$161000. Question 70: 1 pts The actual direct labor rate for May in dollars per hour was: The actual direct labor rate for May in dollars per hour was:
$12.50.
$12.00.
$11.75.
$11.50.