During April, Lynbrook purchased direct materials at a cost of $$111,300,$ all of which

were used in the production of $3,200$ units of product. In addition, $4,900$ direct labor$-$

hours were worked on the product during the month. The cost of this labor time was

$$95,550.$ Your staff calculated the following variances for the month:

Your staff recently updated the standards that the company is using for Direct Labor due

to a revised union contract. Unfortunately, they did not include the new standards in the

table above and only gave you a portion of the required variances.

Required:

For direct materials:

a$.$ Compute the actual cost per foot of materials for April.

b$.$ Compute the price variance and the spending variance.

For direct labor:

a$.$ Compute the standard direct labor rate per hour.

b$.$ Compute the standard hours allowed for the month's production.

c$.$ Compute the standard hours allowed per unit of product.As the controller of Lynbrook, Inc., you have been asked to verify the direct material and direct labor variances for the month of April. Lynbrook Inc. manufactures a product for which the following standards have been set:

Standard Quantity or Hours

Direct materials $3$ feet Direct labor $?$ hours

Standard Price or Rate $$11$ per foot $?$ per hour

Total Standard Cost

$$33$

$?$

During April, Lynbrook purchased direct materials at a cost of $$111,300,$ all of which were used in the production of $3,200$ units of product. In addition, $4,900$ direct labor$-$ hours were worked on the product during the month. The cost of this labor time was $$95,550.$ Your staff calculated the following variances for the month:

Materials quantity variance Labor spending variance Labor efficiency variance

$$4,400$ U $$450$ F $$2,000$ U

Your staff recently updated the standards that the company is using for Direct Labor due to a revised union contract. Unfortunately, they did not include the new standards in the table above and only gave you a portion of the required variances.

Required:

$1.$ For direct materials:

a$.$ Compute the actual cost per foot of materials for April. b$.$ Compute the price variance and the spending variance.

$2.$ For direct labor:

a$.$ Compute the standard direct labor rate per hour.

b$.$ Compute the standard hours allowed for the month$$s production. c$.$ Compute the standard hours allowed per unit of product.