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Chech 5 Vile, in manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system (1) Star intit
Chech 5 Vile, in manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system (1) Star intit ne Standard Peter Starter Cost Diretta 10 Od 1. mars 1.00 hours s160 $10,00 per hoor er our Harla EDTUTTE 1.10.16 1 16.00 19.60 116 Bir fer Diret lalu Variable stari wextil Total YOTE pacto Standard Pri Untity Co ort Eficiency 1920 X 12.412! 8 13 $ 270,000 $3,000 1 16.00 $100,00 % 4,000 . "Applied to Work in Process during the period The company's manufacturing overhead cost is applied to production on the basis of direct labor-hours. All of the materials purchased during the period were used in production Work in process inventories are insignificant and can be ignored. Required: 1. How many units were produced last period? 2. How many pounds of direct material were purchased and used in production? 3. What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4. How many actual direct labor hours were worked during the period? 5. What was the actual rate paid per direct labor hour? (Round your answer to 2 decimal places) 6. How much actual variable manufacturing overhead cost was incurred during the period? 17.000 wwwww 1 12 Number of units produced Powride of direct material purchased and used in production Poti Varance feportes Standard Duity or Cost er Rate Efficiency S. 530 $ 12. IF 3 33, 800 $ 279.000 $3,600 3 16,000 $ 163,03 4.000 F $ Applied to Work in Process during the period The company's manufacturing overhead cost is applied to production on the basis of direct labor hours. All of the materials pu during the period were used in production Work in process inventories are insignificant and can be ignored Required: 1. How many units were produced last period? 2. How many pounds of direct material were purchased and used in production? 3. What was the actual cost per pound of material? (Round your answer to 2 decimal places.) 4. How many actual direct labor-hours were worked during the period? 5. What was the actual rate paid per direct labor-hour? (Round your answer to 2 decimal places.) 6. How much actual variable manufacturing overhead cost was incurred during the period? 1 17 000 2 3 Number of units produced Pounds a direct material purchased and used in production Actual cost per pound Actualtirect labor-hours Actual rato per direct labor-tour Actual variable manufacturing overhead cost 4 5 6.
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