Handerson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead...
Landram Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.0 kilos 1.7 hours 1.7 hours Standard Price or Rate $7.00 per kilo $13.00 per hour $7.00 per hour in March the company produced 4.700 units using 10,350 kilos of the direct material and 2,330 directllabor- hours. During the month, the company purchased 10,920 kilos of the direct material at a cost of $76,800. The actual direct labor cost was...
$464 F $512 U $464 U $512 F Handerson Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 8.5 kilos 0.4 hours 8.4 hours Standard Price or Rate $6.00 per kilo $20.ee per hour $ 6.00 per hour The company reported the following results concerning this product in August. Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual...
Schalger corporation makes a product with the following standard costs. Inputs------------------ Standard Quantity or hours Standard Price or rate Direct Materials-------------- 7.8 Kilos $1.00 per kilo Direct Labor------------------- 0.4 Hours $18.00 per hour Variable Overhead----------- 0.4 Hours $3.00 per hour The company reported the following results concerning this product in August. Actual output----------------------------- 8500 units Raw materials used in production--------------- 65,550 Kilos Purchases of raw materials----------------- 69,000 kilos Actual Direct labor-hours--------------- 3,410 hours Actual cost of raw materials purchases---------- $75,900...
Problem 5 Sakelaris Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 8.6 kilos $6.00 per kilo Direct labor 0.4 hours $11.00 per hour Variable overhead 0.4 hours $5.00 per hour The company reported the following results concerning this product in August uz Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead...
Majer Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit 6.4 ounces $ 3.00 per ounce $19.20 0.4 hours $13.00 per hour $ 5.20 0.4 hours $ 5.00 per hour $ 2.00 The company reported the following results concerning this product in February. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price...
Hurren Corporation makes a product with the following standard costs Direct materials Direct labor Variable overhead Standard Quantity od Standard Price or Hours Rate 10.00 grams $4.00 per gram 0.1 hours $17.00 per hour 0.1 hours $4.00 per hour Standard Cost Per Unit $40.00 $1.70 $0.40 The company reported the following results concerning this product in June. Originally budgeted output : Actual output Raw materials used in production Purchases of raw materials Actual direct labor-hours Actual cost of raw materials...
Chrisman Corporation makes a product with the following standard costs: Inputs Direct materials Direct labor Variable overhead Standard Quantity or Hours 8.8 pounds 1.4 hours 1.4 hours Standard Price or Rate $2.00 per pound $20.00 per hour $10.00 per hour The company reported the following results concerning this product in August. Actual output Raw materials used in production Raw materials purchased Actual direct labor hours Actual cost of raw materials purchased Actual cost of direct labor Actual cost of variable...
Hurren Corporation makes a product with the following standard costs! Direct materials Direct labor Variable overhead Standard Quantity of Standard Price or Hours Rate 3.5 grams $7.00 per gram 1.0 hours $10.00 per hour 10 hours $7.00 per hour Standard Cost Per Unit $24.50 $10.00 $7.00 The company reported the following results concerning this product in J Originally budgeted output 1 Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials...
Reagen Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 3.7 liters 0.3 hours 0.3 hours Standard Price or Rate $5.00 per liter $21.00 per hour $7.00 per hour The company reported the following results concerning this product in December. 7,700 Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 26,880 2,270...
Mlar Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 12.5 pounds 0.8 hours 0.8 hours Standard Price or Rate $12.00 per pound $37.00 per hour $17.50 per hour In January the company produced 3.480 units using 13,920 pounds of the direct material and 2,904 direct labor hours. During the month, the company purchased 16,900 pounds of the direct material at a cost of $14,680. The actual direct labor cost...