Homework Answers
| a) DL rate variance = ( Actual rate - Standard rate ) * Actual hours = ( 21.00 - 22.00 ) * 20800 | 20800 | F |
| b) DL time variance = ( Actual hours - Standard hours ) * Standard rate = ( 20800 - 20000 ) * 22.00 | 17600 | U |
| c) DL total cost variance = ( Actual hours * Actual rate ) - ( Standard hours * Standard rate ) = ( 20800 * 21.00 ) - ( 20000 * 22.00 ) | 3200 | F |
| d) Standard DL cost per unit = ( Standard hours * Standard rate ) / Number of units = ( 20000 * 22.00 ) / 18000 | 24.44 |
| e) | |
| Standard DL cost per unit | 24.44 |
| Standard DM cost per unit | 20.00 |
| Standard FO per unit ( 24.44 * 40% ) | 9.78 |
| Total standard cost per unit | 54.22 |
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