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Author Question: The following data for the telephone company pertain to the production of 450 rolls of telephone ... (Read 99 times)

BRWH

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The following data for the telephone company pertain to the production of 450 rolls of telephone wire during June. Selected items are omitted because the costing records were lost in a windstorm. 

 Direct Materials (All materials purchased were used.) 

 Standard cost per roll:     a     pounds at $4.00 per pound.
 Total actual cost:     b     pounds costing $9,600. 
 Standard cost allowed for units produced was $9,000.
 Materials price variance:     c   . 
 Materials efficiency variance was $80 unfavorable. 

 Direct Manufacturing Labor 

 Standard cost is 3 hours per roll at $8.00 per hour.
 Actual cost per hour was $8.25.
 Total actual cost:     d   .
 Labor price variance:     e   .
 Labor efficiency variance was $400 unfavorable. 

Required:
Compute the missing elements in the report represented by the lettered items.


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Marked as best answer by BRWH on Mar 6, 2021

jaymee143

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BRWH

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Reply 2 on: Mar 6, 2021
Gracias!


alvinum

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Reply 3 on: Yesterday
:D TYSM

 

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