Question
A. Standard quantity of cakes @ 5 pounds per cake from 15500 = 3100 cakes. B. The standard price per unit is $1.4 per pound.
A. Standard quantity of cakes @ 5 pounds per cake from 15500 = 3100 cakes. B. The standard price per unit is $1.4 per pound. C. Standard labor hours for 3000 cakes @0.5 hours per cake = 1500 hrs. D. Standard labor rate per hour is $20 E.... view the full answer This problem has been solved! See the answer In November, DC deserts produced 3,000 for direct materials and direct labor The standard Cost for production of multilayer cakes were: Determine: a. Standard Quantity (SQ) [Calculate]______ b. Standard Price per unit (SP)______ c. Standard Labor Hours used (SH) [Calculate]________ d. Standard Labor Hour Rate per hour (SR)______ e. Actual Quantity produced (AQ): ______ f. Actual Price per unit (AP): ________ g. Actual Labor Hours used (AH): _____ h. Actual Labor Hour Rate per hour (AR)_______ Compute the following variances (show calculations): i. Materials price variance j. Materials quantity variance k. Total Direct Materials Cost Variance l. Labor rate variance m. Labor efficiency variance n. Total Direct Labor Cost Variance
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