cs Husson Student P... Home YouTube TV Sport In Society My Shelf | RedShelf 0 Seved Trico Company set the following standard unit costs for its single product Direct materials (30 lbs. $5.10 per 1b.) $153.00 Direct labor (8 hre. $14 per hr.) 112.00 Factory overhead-Variable (8 hre. 56 per hr.) Factory overhead-Fixed (8 hrs. $12 per hr.) Total standard cost 48.00 96.00 $409.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 66.000 units per quarter. The following flexible budget information is available. Production in units Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead Operating Levels 70% 80% 909 46,200 52,800 59,400 369,600 422,400 475,200 $5,068,800 $5,068,000 5,068,800 $2,217,600 $2,534,400 $2,051,200 During the current quarter, the company operated at 90% of capacity and produced 59,400 units of product, actual direct labor totaled 369,400 hours. Units produced were assigned the following standard costs. Direct materials (1,782,000 the. $5.10 per 1b.) Direct labor (475,200 hrs. $14 per hr.1 Factory overhead (475,200 hrs. $10 per hr.) Total standard cost Actual costs incurred during the current quarter follow. Direct materials (1,387,000 The. 56.70 per lb.) Direct labor (369,400 hrs. $11.60 per hr.) Pised factory overhead costs Variable factory overhead costs Total actual costa $9,088,200 6,652,800 8,553,600 $24,294,600 5 9,292,900 4,285,040 3,196,500 3,466, 700 $20,241,140 < Prev 27 of 51 Next >