Author Question: The following data for the telephone company pertain to the production of 450 rolls of telephone ... (Read 29 times)

BRWH · **on:** Mar 6, 2021

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.

jaymee143 · **Reply #1 on:** Mar 6, 2021

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