Direct materials and manufacturing labour variances, solving unknowns. (CPA, adapted)

On May 1, 2007, the Bovar Company began the manufacture of a new Internet paging device known as Dandy. The company installed a standard costing system to account for manufacturing costs. The standard costs for a unit of Dandy are as follows:

Direct materials (3 kilograms at $6 per kilogram)

Direct manufacturing labour (0.5 hour at $24 per hour)

Manufacturing overhead (75% of direct manufacturing labour costs)

$18.00 12.00 9.00

$39.00 The following data were obtained from Bovar’s records for the month ofMay:
Debit Credit Revenues Accounts payable control (for May’s purchases of direct materials)
Direct materials price variance $3,900 U Direct materials efficiency variance 3,000 U Direct manufacturing labour price variance 2,280 U Direct manufacturing labour efficiency variance $150,000 81,900 2,400 F Actual production in May was 4,000 units of Dandy, and actual sales in May were 2,500 units. The amount shown for direct materials price variance applies to materials purchased during May. There was no beginning inventory of materials on May 1, 2007.
Required Compute each ofthe following items for Bovar for the month ofMay. Show your computations.
1. Standard direct manufacturing labour-hours allowed for actual output achieved 2. Actual direct manufacturing labour-hours worked 3. Actual direct manufacturing labour wage rate 4. Standard quantity of direct materials allowed (in kilograms)
5. Actual quantity of direct materials used (in kilograms)
6. Actual quantity of direct materials purchased (in kilograms)
7. Actual direct materials price per kilogram