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C Question 1 (Mandatory) (10 points) Saved The following data for the telephone company pertain to the production of 450 rolls of telephone wire during
C Question 1 (Mandatory) (10 points) Saved The following data for the telephone company pertain to the production of 450 rolls of telephone wire during June, Selected items are omitted because the costing records were lost in a windstorm. Direct Materials (All materials purchased were used: AQ = AQ purchased = AQ used) Standard cost per roll: pounds at $4.00 per pound. Total actual cost: b _pounds costing $9,600. Standard cost allowed for units produced: $9,000 Materials price variance: Materials quantity variance: $80 (U). Direct Labor Standard cost: 3 hours per roll at $8.00 per hour. Actual cost per hour: $8,25. Total actual cost: d Labor price variance Labor efficiency variance: $400 (U). REQUIRED Compute the missing elements in the report representen by the lettered items. e
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