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Below is information concerning two manufacturing jobs: Item Job 321 Job 322 Units produced 200 165 Standards per unit Direct material quantity 5 kg 6

Below is information concerning two manufacturing jobs:

Item

Job 321

Job 322

Units produced

200

165

Standards per unit

Direct material quantity

5 kg

6 kg

Material price

$2 per kg

$3 per kg

Direct labour hours

2 hours

3 hours

Labour rate

$15 per hour

$12 per hour

Actual consumption

Direct material quantity

975 kg

(e)

Material price

$2.95 per kg

(f)

Direct labour hours

395 hours

(g)

Labour rate

$15.15 per hour

(h)

Variances Material price

(a)

$ 500 F

Material quantity

(b)

$ 30 U

Labour rate

(c)

$ 200 F

Labour efficiency

(d)

$ 60 U

Required:

Determine the missing amounts for items (a) through (h).

List the letters (a) to (h) and help me type answers beside the corresponding letter.

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