AutoSave OFF NO CP ... 3ALT-DM-DL-VARIANCES-Oregon Pump BLANK (1) Home Insert Draw Page Layout Formulas Data Review View ? Tell me Share L27 + XV fx C F G H K M N o P Q R ST U V W X Y Z AA AB Score: Exercise Number (1 ONLY) ALT-DM-DL-VARIANCES OREGON PUMP 9 1. Oregon Pump uses a standard costing system in the production of water pumps. Direct Material: Standard price is $2.50 per pound ACTUAL QUANTITY * ACTUAL PRICE ACTUAL QUANTITY * STANDARD PRICE STD QUANTITY . STD PRICE 10 Each water pump requires 3 pounds of material. 11 MATERIAL PURCHASE $0 DMPV SO 12 Direct Labor: The standard direct labor rate is $15.00 per hour, 0 0 0 0 0 and each water pump requires 5 hours of direct labor. ACT. QTY STD. PRICE 14 ACT. QTY ACT. PRICE 15 During the month, the company purchased 25,000 pounds of material, paying MATERIAL USAGE DMQV 16 $2.60 per pound. The direct material used during the month was 23,100 pounds. o o 17 ACT. QTY STD. PRICE UNITS PROD. MTLS/UNIT STD PRICE 18 The company used 40,100 hours of direct labor during the month, OF MTL USED (POUNDS) PER POUND 19 at a rate of $14.60 per hour. 20 LABOR USAGE $0 DLRV SO DLTV $0 21 The company produced 7,800 water pumps this month. 0 0 0 0 0 0 0 0 0 0 22 ACT. HRS ACT. RATE ACT. HRS STD. RATE UNITS PROD. DLH/UNIT STD RATE 23 (HOURS) 24 DMPV Choose: 25 DMQV Choose : 26 DLRV Choose: 27 DLTV Choose: 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 D ALT-DM-DL-VARIANCES + Ready MacBook ProALT-DM-DL-VARIANCES-Solario BLANK Home Insert Draw Page Layout Formulas Data Review View Tell me Share D5 + X V fx B C D E F G H K M N O P R ST U V W X Y Z AA AB Score: Exercise Number (1 ONLY) ALT-DM-DL-VARIANCES SOLARIO 1. Solario Corporation uses a standard costing system in the production of solar panels. Direct Material: Standard price is $1.75 per pound. ACTUAL QUANTITY . ACTUAL PRICE ACTUAL QUANTITY . STANDARD PRICE STD QUANTITY * STD PRICE 10 Each solar panel requires 8 pounds of material. 11 MATERIAL PURCHASE So DMPV SO 12 Direct Labor: The standard direct labor rate is $20.00 per hour, SO 0 0 0 0 0 and each solar panel requires 0.25 hours of direct labor. ACT. QTY ACT. PRICE ACT. QTY STD. PRICE 14 15 During the month, the company purchased 160,000 pounds of material, paying MATERIAL USAGE $0 DMQV 16 $1.90 per pound. The direct material used during the month was 142,500 pounds. o 17 ACT. QTY STD. PRICE UNITS PROD. MTLS/UNIT STD PRICE (POUNDS) PER POUND 18 The company used 5,000 hours of direct labor during the month, OF MTL USED 19 at a rate of $21.00 per hour. DLRV 20 LABOR USAGE so DLTV SO o 0 0 0 0 0 21 The company produced 19,000 solar panels this month. ACT. HRS STD. RATE UNITS PROD. DLH/UNIT STD RATE 22 ACT. HRS ACT. RATE (HOURS) 23 24 DMPV Choose: 25 DMQV Choose: DLRV 26 Choose: DLTV Choose: 27 28 29 30 31 32 33 34 35 36 37 41 42 43 44 45 46 47 48 - ALT-DM-DL-VARIANCES + Ready MacBook Pro