1)

Rene is working with the operations manager to determine what the standard labor cost is for a spice chest. He has watched the process from start to finish and taken detailed notes on what each employee does. The first employee selects and mills the wood, so it is smooth on all four sides. This takes the employee 1 hour for each chest. The next employee takes the wood and cuts it to the proper size. This takes 30 minutes. The next employee assembles and sands the chest. Assembly takes 2 hours. The chest then goes to the finishing department. It takes 1.5 hours to finish the chest. All employees are cross-trained so they are all paid the same amount per hour, $17.70.

A.What are the standard hours per chest?

Standard hour per chest hours

B.What is the standard cost per chest for labor?Round your answer to two decimal places.

Standard cost per chest $

2)

Use the information provided to create a standard cost card for production of one glove box switch. To make one switch it takes 16 feet of plastic-coated copper wire and 0.5 pounds of plastic material. The plastic material can usually be purchased for $20.00 per pound, and the wire costs $2.40 per foot. The labor necessary to assemble a switch consists of two types. The first type of labor is assembly, which takes 3.4 hours. These workers are paid $26.00 per hour. The second type of labor is finishing, which takes 2 hours. These workers are paid $30.00 per hour. Overhead is applied using labor hours. The variable overhead rate is $14.90 per labor hour. The fixed overhead rate is $15.50 per hour.Round your answer to two decimal places.

Standard Cost$

3)

April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 70,000 feet of raw material for $350,000, and it takes 4 feet of raw materials to produce one park bench. In August, the company produced 9,000 park benches. The standard cost for material output was $72,000, and there was an unfavorable direct materials quantity variance of $7,000.

A.What is April Industries' standard price for one unit of material?

Standard cost per unit$

B.What was the total number of units of material used to produce the August output?

Actual quantity feet Units

C.What was the direct materials price variance for August?

Direct materials price variance$