Acompany provided the following direct materials cost information. compute the total direct materials cost variance. standard costs assigned: direct materials standard cost (421,000 units @ $2.00 / unit) $ 842,000 actual costs: direct materials costs incurred (419,750 units @ $2.20 / unit) $ 923,450

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $