Value 1 Warranty Processing Namber 866-942-35 Help Save& Exit Submit Exam 84 (Ch
ID: 2411183 • Letter: V
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Value 1 Warranty Processing Namber 866-942-35 Help Save& Exit Submit Exam 84 (Chs 10,12) 150 pts. Due June 16 Problem 10-11 Direct Materials and Direct Labor Variances; Computotions from Incomplete Dato L010-1, LO10-2] Sharp Company manufactures a product for which the following standards have been set standard gtandard or Rate Cost s foot 15 2 hour Standard Cuantity or Hoars birect naterial feet Direet labor hours During March, the company purchased deect materials at a cost of $60,120, all of which were used in the production of 3,.200 t me ?of product in addion, 49 n dreht la o eron were worked on te product dung the moth The cost of ths lat was $53,900.The ollowing variances have been computed for the monh Materials quantity variance 52.100 variance S3, s00 Labor efficiency variance &1,050 Required: For drect matenals a Compute the actual cost per foot of matenis for March b Compute the price variance and the sperting wwnc 2 For drect labor s Comput the standard drect labor rate per hour c Compube ted hours allowed pes unt of product this question try entering our tabs below For dret ?Explanation / Answer
1.a.
Working:
1-b.
Working:
2.
Working:
Actual cost per foot $6.00Related Questions
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