[ The following information applies to the questions displayed below. ] rev: 10_

Question

[The following information applies to the questions displayed below.]

rev: 10_29_2012

38.

Assume that the company computes variances at the earliest point in time. The direct-labor efficiency variance is:

$8,002F.

$8,002U.

$9,120F.

$9,120U.

None of these.

39.

Assume that the company computes variances at the earliest point in time. The standard hours allowed for the work performed are:

rev: 10_25_2011

40,090.

39,150.

39,000.

38,900.

None of these.

  Cost standards for one unit of product no. C77:      Direct material 3 pounds at $2.60 per pound $7.80      Direct labor 6 hours at $7.60 per hour 45.60   Actual results:      Units produced 6,500 units      Direct material purchased 26,100 pounds at $2.80 $73,080      Direct material used 19,200 pounds at $2.80 53,760      Direct labor 40,200 hours at $7.40 297,480

Explanation / Answer

Q38 $9,120F. Q39   39,000 Hours Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Standard hour per unit                            6.00 Actual No of Unit                   6,500.00 Q39 Standard hours allowed = 6500 *6                 39,000.00 DLEV = (SH-AH)SR DLEV = (39000 - 40,200)7.60 DLEV = 9,120 U

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