The following data reflect the current month’s activity for vickers corporation. actual total direct labor $ 691,160 actual hours worked 37,000 standard labor-hours allowed for actual output (flexible budget) 35,500 direct labor price variance $ 11,840 f actual variable overhead $ 157,700 standard variable overhead rate per standard direct labor-hour $ 4.30 variable overhead is applied based on standard direct labor-hours allowed. required: compute the labor and variable overhead price and efficiency variances

Hank itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. the following are required for production of a 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.