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Author Question: The following data for the Prender Company pertain to the production of 800 urns during August. ... (Read 134 times)

jerry coleman

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The following data for the Prender Company pertain to the production of 800 urns during August. 

 Direct Materials (all materials purchased were used): 

 Standard cost: $4.80 per pound of urn.
 Total actual cost: $4,480.
 Standard cost allowed for units produced was $4,800.
 Materials efficiency variance was $96 unfavorable. 

 Direct Manufacturing Labor: 

 Standard cost is 2 urns per hour at $19.20 per hour.
 Actual cost per hour was $19.60.
 Labor efficiency variance was $288 favorable. 

Required: 
a.What is standard direct material amount per urn?
b.What is the direct material price variance?
c.What is the total actual cost of direct manufacturing labor?
d.What is the labor price variance for direct manufacturing labor? 


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Marked as best answer by jerry coleman on Mar 6, 2021

kalskdjl1212

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jerry coleman

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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