18.00 The standard costs for a unit of Dandy follow: Direct materials (3 kg. at $6 per kg.) Direct manufacturing labour (1/2 hour at $14 per hour) Manufacturing overhead (75% of direct manufacturing labour costs) 7.00 5.25 $ 30.25 The following data were obtained from DelCarmen's records for the month of May: Debit Credit $ 144,000 86,400 4,250 Revenues Accounts payable control (for May's purchases of direct materials) Direct materials price variance Direct materials efficiency variance Direct manufacturing labour price variance Direct manufacturing labour efficiency variance 2,900 1,700 2,600 Compute each of the following items for DelCarmen for the month of May. Show your computations by first selecting the formula to compute the amount, then entering the amounts in the formula and solving for your answer. 1. Standard direct manufacturing labour-hours allowed for actual output produced 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 On May 1, 2017, DelCarmen Company began the manufacture of a new paging machine known as Dandy. The company Actual production in May was 4,300 units of Dandy, and actual sales in May were 3,200 units. The amount shown for installed a standard costing system to account for manufacturing costs. The standard costs for a unit of Dandy and other direct materials price variance applies to materials purchased during May. There was no beginning inventory of materials information follow: on May 1, 2017 (Click the icon to view the information) Required 1. Compute the standard direct manufacturing labour-hours allowed for actual output produced. (Enter rates to two decimal places. Round your final answer to the nearest whole number.) Standard direct manuf. labour-hours allowed for actual output produced hours hours 2. Compute the actual direct manufacturing labour-hours worked. (Round your answer to the nearest whole dollar.) Actual direct mfg. = labour-hours worked ) / hours 3. Compute the actual direct manufacturing labour wage rate. (Round your answer to the nearest whole dollar.) Actual direct mfg. labour wage rate per hour 4. Compute the standard quantity of direct materials allowed (in kilograms). Standard quantity of direct materials allowed (in kilograms) kilograms 5. Compute the actual quantity of direct materials used in kilograms). (Round your answer to the nearest whole number.) Actual quantity of ) = DM used (in kgs) kgs. + + 6. Compute the actual quantity of direct materials purchased (in kilograms). (Round your answer to the nearest whole number.) Actual quantity of DM purchased kgs. 7. Compute the actual direct materials price per kilogram. (Round your answer to the nearest cent.) Actual direct materials price per kg per kg
