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4b You have been piven the following information about the production of Pharoah Co and are asked to provide the factory manager with information for
4b
You have been piven the following information about the production of Pharoah Co and are asked to provide the factory manager with information for a meeting with the vice-president of operations Standard Cost Card $17.68 Direct materials (5.20 kg at $3,40 per kilogram) Direct labour (o 50 hours at $4.10) Variable overhead (0.50 hours at $3.40 per hour) 2.05 1.70 Fixed overhead (0.50 hours at $600 per hour) 3.00 $24.43 The following is a production report for the most recent period of operations Variances Total Standard Cost Spending/ Budget Quantity/ Ethiciency Costs Price/ Rate Volume $332,384 $5.029 F $9588 Direct materials Direct labour 38,540 2.685 U 5.494 U Variable overhead 31.960 $1.300 F ? Fixed overhead 56,400 400 F $11,8200 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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