Direct Materials

Under normal conditions, Sarah spends $8.40 per unit of materials, and it will take 3.60 units of material per pair of shoes. During July, Sole Purpose Shoe Company incurred actual direct materials costs of $62,211 for 6,990 units of direct materials in the production of 2,175 pairs of shoes.

Complete the following table, showing the direct materials variance relationships for July for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable cost variance, and a positive number for an unfavorable cost variance.

Actual Cost								Standard Cost
Actual Quantity	X	Actual Price		Actual Quantity	X	Standard Price		Standard Quantity	X	Standard Price
fill in the blank dd9212043036ffa_1	X	$fill in the blank dd9212043036ffa_2		fill in the blank dd9212043036ffa_3	X	$fill in the blank dd9212043036ffa_4		fill in the blank dd9212043036ffa_5	X	$fill in the blank dd9212043036ffa_6
	= $fill in the blank dd9212043036ffa_7				= $fill in the blank dd9212043036ffa_8				= $fill in the blank dd9212043036ffa_9
			UnfavorableFavorableUnfavorable Direct Materials CostPriceQuantityRateTimePrice Variance:				UnfavorableFavorableFavorable Direct Materials CostPriceQuantityRateTimeQuantity Variance:
			$fill in the blank dd9212043036ffa_14				$fill in the blank dd9212043036ffa_15
					UnfavorableFavorableFavorable Total Direct Materials CostPriceQuantityRateTimeCost Variance:
					$fill in the blank dd9212043036ffa_18

Direct Labor

Under normal conditions, Sarah pays her employees $8.50 per hour, and it will take 2.80 hours of labor per pair of shoes. During August, Sole Purpose Shoe Company incurred actual direct labor costs of $65,340 for 7,260 hours of direct labor in the production of 2,200 pairs of shoes.

Complete the following table, showing the direct labor variance relationships for August for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable variance, and a positive number for an unfavorable variance.

Actual Cost								Standard Cost
Actual Hours	X	Actual Rate		Actual Hours	X	Standard Rate		Standard Hours	X	Standard Rate
fill in the blank ea9e5bf89fa501b_1	X	$fill in the blank ea9e5bf89fa501b_2		fill in the blank ea9e5bf89fa501b_3	X	$fill in the blank ea9e5bf89fa501b_4		fill in the blank ea9e5bf89fa501b_5	X	$fill in the blank ea9e5bf89fa501b_6
	= $fill in the blank ea9e5bf89fa501b_7				= $fill in the blank ea9e5bf89fa501b_8				= $fill in the blank ea9e5bf89fa501b_9
			UnfavorableFavorableUnfavorable Direct Labor CostPriceQuantityRateTimeRate Variance:				UnfavorableFavorableUnfavorable Direct Labor CostPriceQuantityRateTimeTime Variance:
			$fill in the blank ea9e5bf89fa501b_14				$fill in the blank ea9e5bf89fa501b_15
					UnfavorableFavorableUnfavorable Total Direct Labor CostPriceQuantityRateTimeCost Variance:
					$fill in the blank ea9e5bf89fa501b_18

Budget Performance Report

Sarah has learned a lot from you over the past two months, and has compiled the following data for Sole Purpose Shoe Company for September using the techniques you taught her. She would like your help in preparing a Budget Performance Report for September. The company produced 3,500 pairs of shoes that required 12,250 units of material purchased at $8.20 per unit and 9,450 hours of labor at an hourly rate of $8.90 per hour during the month. Actual factory overhead during September was $28,350. When entering variances, use a negative number for a favorable cost variance, and a positive number for an unfavorable cost variance.

Use the data in the following table to prepare the Budget Performance Report for Sole Purpose Shoe Company for September.

Manufacturing Costs	Standard Price	Standard Quantity	Standard Cost Per Unit
Direct materials	$8.40 per unit	3.60 units per pair	$30.24
Direct labor	$8.50 per hour	2.80 hours per pair	23.80
Factory overhead	$2.70 per hour	2.80 hours per pair	7.56
Total standard cost per pair			$61.60

Sole Purpose Shoe Company Budget Performance Report For the Month Ended September 30
Manufacturing Costs	Actual Costs	Standard Cost at Actual Volume	Cost Variance - (Favorable) Unfavorable
Direct materials	$fill in the blank f1e150f7f007076_1	$fill in the blank f1e150f7f007076_2	$fill in the blank f1e150f7f007076_3
Direct labor	fill in the blank f1e150f7f007076_4	fill in the blank f1e150f7f007076_5	fill in the blank f1e150f7f007076_6
Factory overhead	fill in the blank f1e150f7f007076_7	fill in the blank f1e150f7f007076_8	fill in the blank f1e150f7f007076_9
Total manufacturing costs	$fill in the blank f1e150f7f007076_10	$fill in the blank f1e150f7f007076_11	$fill in the blank f1e150f7f007076_12