1)
Actual Cost | Standard Cost | |||||||||
AQ | X | AP | AQ | X | SP | SQ | X | SP | ||
32,000.00 | X | 5.85 | 32,000.00 | X | 5.80 | 31,515.00 | X | 5.80 | ||
187,200.00 | 185,600.00 | 182,787.00 | ||||||||
1,600.00 | 2,813.00 |
Direct Materials Price Variance | 1,600.00 | Unfavorable | |||
Direct Materials quantity Variance | 2,813.00 | Unfavorable | |||
Total Direct Materials Variance | 4,413.00 | Unfavorable |
2)
Actual Cost | Standard Cost | |||||||||
AH | X | AR | AH | X | SR | SH | X | SR | ||
10,610.00 | X | 20.60 | 10,610.00 | X | 21.60 | 10,505.00 | X | 21.60 | ||
218,566.00 | 229,176.00 | 226,908.00 | ||||||||
10,610.00 | 2,268.00 |
Direct Labor Rate Variance | 10,610.00 | Favorable | |||
Direct Labor Efficiency Variance | 2,268.00 | Unfavorable | |||
Total Direct Labor Variance | 8,342.00 | Favorable |
The following information describes production activities of Mercer Manufacturing for the year. Actual direct materials used...
The following describes production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced 29,000 lbs. at $5.10 per lb. 8,100 hours for a total of $164,430 48,000 Budgeted standards for each unit produced are 0.50 pound of direct material at $5.05 per pound and 10 minutes of direct labor at $22.00 per hour AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate AQ =...
The following information describes production activities of Mercer Manufacturing for the year Actual direct materials used 22,880 lbs. at $4.35 per lb. 6,575 hours for a total of Actual direct labor used $128,870 Actual units produced 36,000 Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.30 per pound and 10 minutes of direct laborat $20.60 per hour AQ = Actual Quantity SQ = Standard Quantity AP - Actual Pnce SP = Standard Price AH =...
The following describes production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced 29,000 lbs. at $5.19 per lb. 8,180 hours for a total of $164,430 48,000 Budgeted standards for each unit produced are 0.50 pound of direct material at $5.05 per pound and 10 minutes of direct laborat $22.00 per hour. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate AQ = Actual...
8-15 The following information describes production activities of Mercer Manufacturing for the year. Actual direct materiaïs used Actual direct labor used 32,000 Ïbs. at ș5.85 per lb. 10,610 hours for a total of $218,566 63,030 Actual units produced Budgeted standards for each unit produced are 0.50 pounds of direct material at $5.80 per pound and 10 minutes of direct labor at $21.60 per hour. AQ Actual Quantity SQ Standard Quantity AP- Actual Price SP Standard Price AH Actual Hours SH-Standard...
10 The following describes production activities of Mercer Manufacturing for the year 071 points Actual direct materials used ||| 36,000 lbs. at $6.05 per 10 Actual direct labor used 11,100 hours for a total of 233, 100 Actual units produced Budgeted standards for each unit produced are 0.50 pound of direct material at $6.00 per pound and 10 minutes of direct lobor at $22.00 per hour AH - Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate AQ...
The following information describes production activities of Mercer Manufacturing for the year. Actual direct materials used 22,000 lbs. at $4.35 per lb. 6,575 hours for a total of Actual direct labor used $128,870 Actual units produced 36,000 Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.30 per pound and 10 minutes of direct labor at $20.60 per hour. AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price AH...
The following describes production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced 31,000 lbs. at $5.80 per lb. 10,600 hours for a total of $217,300 63,000 1,600 hour. 29.9 5. IS DE $217,300 Budgeted standards for each unit produced are 0.50 pound of direct material at $5.75 per pound and 10 minutes of direct labor at $21.50 per hour. AH = Actual Hours SH = Standard Hours AR = Actual...
The following Information describes production activities of Mercer Manufacturing for the year. 2:36:56 Netual direct materials used Actual direct labor used Actual units produced 23,000 lbs. at $4.40 per lb. 6,580 hours for a total of $129,626 36.000 Book Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.20 per pound and 10 minutes of direct laborat $20.70 per hour. Print AQ - Actual Quantity SQ - Standard Quantity AP Actual Price SP = Standard Price...
The following describes production activities of Mercer Manufacturing for the year. Actual direct materials used 22,000 lbs. at $4.35 per lb. Actual direct labor used 6,575 hours for a total of $128,870 Actual units produced 36,000 Budgeted standards for each unit produced are 0.50 pound of direct material at $4.30 per pound and 10 minutes of direct labor at $20.60 per hour. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate AQ =...
Check my world The following information describes production activities of Mercer Manufacturing for the year. 02:26:34 Actual direct materials used Actual direct labor used Actual units produced 23.000 lbs. at $4.40 per lb. 6,580 hours for a total of $129,626 36,000 Book Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.20 per pound and 10 minutes of direct labor at $20.70 per hour. Him References AQ = Actual Quantity SQ = Standard Quantity AP =...