Reference no: EM132476538

Question 1 - Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below:

Budgeted number of patient-visits 8,300

Budgeted variable overhead costs:

Supplies (@$5.80 per patient-visit) $ 48,140

Laundry (@$8.80 per patient-visit) 73,040

Total variable overhead cost 121,180

Budgeted fixed overhead costs:

Wages and salaries 54,400

Occupancy costs 86,700

Total fixed overhead cost 141,100

Total budgeted overhead cost $ 262,280

The total overhead cost at an activity level of 9,000 patient-visits per month should be?

Question 2 - Piper Corporation's standards call for 5,800 direct labor-hours to produce 1,450 units of product. During October the company worked 1,350 direct labor-hours and produced 1,050 units. The standard hours allowed for October would be: (Round your intermediate calculations to 1 decimal place.)

Question 3 - Gipple Corporation makes a product that uses a material with the quantity standard of 8.3 grams per unit of output and the price standard of $7.00 per gram. In January the company produced 4,400 units using 25,870 grams of the direct material. During the month the company purchased 28,400 grams of the direct material at $7.20 per gram. The direct materials purchases variance is computed when the materials are purchased.

Calculate the materials price variance for January?