Co Sugar, Sugar Play it r x G costa rica values and cust x SmartBook x Bb Case S

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Co Sugar, Sugar Play it r x G costa rica values and cust x SmartBook x Bb Case Study Submission x D http x CChegg Study Gr Sol x x C https://black board nbcc.ca 1/courses/NBCC SJ GACG1037ManagerialAccounting 1159 Lidia Krukoska/Case%20Q O E Required: 1. How many batches of Gortol were produced last week? This is a key figure; be sure it is right before going on.) 2. For material A: a. What was the cost of material A purchased last week? b. How many litres were used in production last week? c. What was the quantity variance? d. Prepare journal entries to record all activity relating to material A for last week. (See below Gortol general ledger accounts) Work in Proce Raw Materials A Bal. March 1 Bal, March 1 Material A Bal. March 7 2,000 Bal, March 7 Material A Price Variance Wages Payable 4,100 Raw Materi Labour Rate Variance Bal. March 1 Bal. March 7 1,400 Material B-Quantity Variance Accounts Payable 11460 3. For material B a. What is the standard cost per kilogram for material B? b. How many kilograms of material B were used in production last week? How many kilograms should have been used at standard? c. What is the standard quantity of material B per batch? d. What was the price variance for material Blast week? e. Prepare journal entries to record all activity relating to material B for last week. 4. For direct labour: a. What is the standard rate per direct labour-hour? b. What are the standard hours per batch? c. What were the standard hours allowed for last week's production? d. What was the labour efficiency variance for last week? e. Prepare a journal entry to record all activity relating to direct labour for last week. 5. Complete the standard cost card previously shown for one batch of Gortol. a 4x El 2015-12-03 11:51 AM Search the web and Windows

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