can u please check to see if my answer is correct and help me with D The fosllow

Question

can u please check to see if my answer is correct and help me with D

The fosllowing data for the Prender Company pertain to the producsion of u during Direct Materials tall materials purchased were uned) Standard cost: $4,80 per pound of un. Total actual cost: $4,430 Siandand cost allowed for units produced was 34, Materials efficiency variance was $06 unfavorable. Direct Manufacturing Labor Standard cost is 2 urns per hour at $19.20 per houT Actual cost per hour was S19.60 Labor efficiency variance was 5288 favorable a. What is standard direct material amount per um? b. What is the direct material price variance? c. What is the total actual cost of diroct manufacturing labor? d. What is the labor price variance for direct manufacturing tabor? 11 800 /2 ) x 31%20 )-$ 2 st F001 able 73 C. lo lal S

Explanation / Answer

Your ans to part a & b are completly ok., But In Part c Actual Hours & Total actual cost is not correct. it will be calculate as follows:

c.Total standard labor cost of actual hours = ((800/2) x $19.2)–$288favorable

= $7392

Actual hours= $7392/19.2 = 385 hours

Total actual costs= 385 x $19.60 = $7546

d.Labor price variance= $7546 – $7392= $154 unfavorable

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