Course Home Mail - ds020@brav+v 10 Homework Saved Help Save&Exit; Check my Huron

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Course Home Mail - ds020@brav+v 10 Homework Saved Help Save&Exit; Check my Huron Compeny produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below Standard Standard Quantity Price Standard or Rate Cost Direct, materials9 ponds pund $17.94 hour2.1e or Hours per e.3e hours r Direct labor 7.00 During the most recent month, the following activity was recorded a. 19,250.00 pounds of material were purchased at a cost of $2.40 per pound b. All of the material purchased was used to produce 2,500 units of Zoom c. 450 hours of direct labor time were recorded at a total labor cost of $4500. Renuired Prev 1 of 2Next> arch

Explanation / Answer

Working:

1 Material price varlaince 3850 F Material quantity variance 5200 U 2 Labor rate variance 1350 U Labor efficiency variance 2100 F

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