Question
Analysis of materials and labor variances direct materials: Aluminum .2lb @ $.40 per lb = $.08 plastic 1.0 @ $.38 per lb =.38 production labor
Analysis of materials and labor variances
direct materials: Aluminum .2lb @ $.40 per lb = $.08 plastic 1.0 @ $.38 per lb =.38 production labor .3 hrs@$8.00 per hours =2.40 Factory overhead. 84 total $3.70
Manufactured 8,500 product and incurred these cost.
materials requisitioned for product: Aluminum 1900 lb @.40 per lb = 760 plastic reg grade 6000lb @.38 per lb 2280 low grade 3500 @.38 per lb 1330 production labor 2700 he @ 8.60 per hr 23,220 Factory overhead 7,140 cost charge to production 34,730
All materials are carried in inventory at standard prices . material purchases are as follows
Aluminum 1800, .48 per lb =864 plastic reg grade 3,000@ .50 per lb =1500 low grade 6000 lb @ .29 per lb =1740 Determine variable
I need your help with figuring out the last part of the assignment. I was able to finish it myself. However, how do I access a live tutor with this service? I have tried and is unsuccessful.
Please disregard the question. I have sent my completion to an associate to verify already. Thanks!
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