The following data for a pottery company pertain to the production of 2,000 clay pots during...

Question

Question

The following data for a pottery company pertain to the production of 2,000 clay pots during July. Direct Materials (all mate

03.00 kilograms O 1.88 kilograms 02.12 kilograms O 1.00 kilogram 04.00 kilograms

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Answer : 1.00 Kilogram

Standard Date :

Cost Required for 2000 Clay Pot = Standard cost allowed / Total Units =12,000/ 2000 = $ 6 Per Pot

Kilo Grams Required = Cot Per Pot / Cost per Kilo Gram of clay = 6/6 = 1.00 Kilogram

Add a comment

Answer 2

Similar Homework Help Questions

The following data for a pottery company pertain to the production of 2,000 clay pots during...

The following data for a pottery company pertain to the production of 2,000 clay pots during July. Direct Materials (all materials purchased were used): Standard cost: $6.00 per kilogram of clay Total actual cost: $11,200 Standard cost allowed for units produced was $12,000 Materials efficiency variance was $240 unfavourable Direct Manufacturing Labour: Standard cost is 2 pots per hour at $24.00 per hour Actual cost per hour was $24.50 Actual labour was 972 hours What is the total direct materials...
The following data for a pottery company pertain to the production of 2,000 clay pots during...

The following data for a pottery company pertain to the production of 2,000 clay pots during July. Direct Materials (all materials purchased were used) Standard cost: $6.00 per kilogram of clay Total actual cost: $11,200 Standard cost allowed for units produced was $12,000 Materials efficiency variance was $240 unfavourable Direct Manufacturing Labour: Standard cost is 2 pots per hour at $24.00 per hour Actual cost per hour was $24.50 Actual labour was 972 hours What is the direct manufacturing labour...
The following data for a pottery company pertain to the production of 2,000 clay pots during...

The following data for a pottery company pertain to the production of 2,000 clay pots during July. Direct Materials (all materials purchased were used): Standard cost: $2.00 per kilogram of clay Total actual cost: $10,640 Standard cost allowed for units produced was $12,000 Materials quantity variance was $800 favourable Direct Manufacturing Labour: Standard cost is 2 pots per hour at $24.00 per hour Actual cost per hour was $24.50 Actual labour was 1028 hours show all steps! a. What is...

Birrell Company manufactures pottery. Production of large garden pots for the coming three months is budgeted...

Birrell Company manufactures pottery. Production of large garden pots for the coming three months is budgeted as follows: May 20,000 June 40,000 July 35,000 Each pot requires 30 minutes of direct labor time. Direct labor wages are $15 per hour. Monthly variable manufacturing overhead is $4 per direct labor hour, plus fixed manufacturing overhead of $2,100 per month. What is the total manufacturing overhead budget for the month of June?
CenterWare is a manufacturer of large flower pots for urban settings. The company has these standards:...

CenterWare is a manufacturer of large flower pots for urban settings. The company has these standards: Requirements 1. Compute the direct material price variance and the direct material quantity variance. 2. Who is generally responsible for each variance? 3. Interpret the variances. Direct materials (resin): 10 pounds per pot at a cost of $4.00 per pound Direct labor: 3.0 hours at a cost of $14.00 per hour Standard variable manufacturing overhead rate: $5.00 per direct labor hour Budgeted fixed manufacturing...
FlowerMate is a manufacturer of large flower pots for urban settings. The company has these standards:...

FlowerMate is a manufacturer of large flower pots for urban settings. The company has these standards: Direct materials (resin) - 15 pounds per pot at a cost of $6.00 Direct labor - 2.0 hours at a cost of $16.00 per hour Standard variable manufacturing overhead rate - $7.00 per direct labor hour Budgeted fixed manufacturing overhead - $20,600 Standard fixed MOH rate - $6.00 per direct labor hour (DLH) FlowerMateFlowerMate allocated fixed manufacturing overhead to production based on standard direct...

Ceramics Etc is a manufacturer of large flower pots for urban settings. The company has these...

Ceramics Etc is a manufacturer of large flower pots for urban settings. The company has these standards: Direct materials (resin). . . . . . . . . . . . . . . . . . . . 13 pounds per pot at a cost of $3.00 per pound Direct labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.0...
Mark: 19 (1 point for each question) 1) The unemployment rate is high in the city...

Mark: 19 (1 point for each question) 1) The unemployment rate is high in the city in which a company has a factory. The company finds that they are able to pay new employees a lower wage per hour than when the unemployment rate was lower a year ago. Which variance is directly impacted? A) Materials price variance B) Materials efficiency variance C) Labour price variance D) Labour efficiency variance 2) Thomas Corporation produces stopwatches. According to company standards, it...
Ceramics Etc. is a manufacturer of large flower pots for urban settings. The company has these...

Ceramics Etc. is a manufacturer of large flower pots for urban settings. The company has these standards: REQUIREMENTS: 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances. STARNDARD PRICE AND VOLUME Direct materials (resin). . . . . . . . . . . . . . . . . . . . . ....

The following data for the Fufkin Company pertain to the production of 3,000 clay pigeons during...

The following data for the Fufkin Company pertain to the production of 3,000 clay pigeons during July: Standard variable-overhead cost was $5.00 per pound of clay. The actual variable-overhead cost was $11,340. Standard variable-overhead cost allowed for units produced was $12,000. Variable-overhead efficiency variance was $340 unfavorable. _____ is the variable-overhead rate variance.

The following data for a pottery company pertain to the production of 2,000 clay pots during...

Homework Answers