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4) You have been given the following information about the production of Blonita Co, and are asked to provide the factory manager with information for
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You have been given the following information about the production of Blonita Co, and are asked to provide the factory manager with information for a meeting with the vice president of operations: Standard Cost Card Direct materials (5.80 kg at $3.40 per kilogram) $19.72 Direct labour (0.80 hours at $4.30) Variable overhead (0.80 hours at $340 per hour) 2.72 Fixed overhead (0.80 hours at $7.00 per hour) $31.48 3.44 5.60 The following is a production report for the most recent most recent period of operations Variances Spending Quantity Budget Efficiency $9.656 U Costs Total Standard Cost $435,812 Volume Price/Rate $6,551 F Direct materials Direct labour Variable overhead 76,024 4,760 5,848 U 60,112 $1.290 F 2 Fixed overhead 123,760 460 F $13.580 U How many units were produced during the period? Number of units produced How many kilograms of raw material were purchased and used during the period? Raw materials purchased kilograms Step by Step Solution
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