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ALT-DM-DL-VARIANCES--ZORAH CORPORATION ZORAH COMPANY ACTUAL QUANTITY * ACTUAL PRICE ACTUAL QUANTITY * STANDARD PRICE STD QUANTITY * STD PRICE 1. Zorah Corporation uses a standard
ALT-DM-DL-VARIANCES--ZORAH CORPORATION ZORAH COMPANY ACTUAL QUANTITY * ACTUAL PRICE ACTUAL QUANTITY * STANDARD PRICE STD QUANTITY * STD PRICE 1. Zorah Corporation uses a standard costing system in the production of exercise mats. Direct Material: Standard price is $3.50 per pound. Each exercise mat requires 3 pounds of material. MATERIAL PURCHASE Direct Labor : The standard direct labor rate is $24.00 per hour, and each exercise mat requires 1.5 hours of direct labor. $0 DMPV $0 $0 ACT. QTY ACT. PRICE ACT. QTY STD. PRICE $0 DMOV $0 During the month, the company purchased 3,000 pounds of material, paying MATERIAL USAGE $3.75 per pound. The direct material used during the month was 2,900 pounds. 0 ACT. QTY STD. PRICE OF MTL USED UNITS PROD MTLS/UNIT (POUNDS) STD PRICE PER POUND The company used 1,600 hours of direct labor during the month, at a rate of $21.00 per hour. LABOR USAGE $0 DLRV $0 DLTV $0 The company produced 800 exercise mats this month. $0 0 ACT. HRS ACT. RATE ACT. HRS STD. RATE STD RATE UNITS PROD DLH/UNIT (HOURS) DMPV DMQV DLRV DLTV Choose: Choose: Choose: Choose
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