Exercise 23-9 (Part Level Submission)

You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations.

Standard Cost Card Direct materials (9 pounds at $3 per pound) $27.00 Direct labor (0.80 hours at $5) 4.00 Variable overhead (0.80 hours at $3 per hour) 2.40 Fixed overhead (0.80 hours at $8 per hour) 6.40 $39.80

The following is a variance report for the most recent period of operations.

Variances Costs Total Standard Cost Price Quantity Direct materials $406,000 $6,670 F $9,400 U Direct labor 60,148 4,500 U 7,300 U

[Collapse question part]

(a)

How many units were produced during the period? (Round answer to 0 decimal places, e.g. 125.)

Number of units

Problem 23-2A (Part Level Submission)

Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2017.

Costs and Production Data Actual Standard Raw materials unit cost $2.40 $2.25 Raw materials units used 11,500 10,600 Direct labor payroll $177,600 $171,760 Direct labor hours worked 14,800 15,200 Manufacturing overhead incurred $202,000 Manufacturing overhead applied $205,200 Machine hours expected to be used at normal capacity 41,500 Budgeted fixed overhead for June $62,250 Variable overhead rate per machine hour $3.00 Fixed overhead rate per machine hour $1.50

Overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for each direct labor hour. The jobs were sold for $495,000. Selling and administrative expenses were $39,300. Assume that the amount of raw materials purchased equaled the amount used.

[Collapse question part]

(a)

Compute all of the variances for (1) direct materials and (2) direct labor. (Round answers to 0 decimal places, e.g. 125.)

(1) Total materials variance $ Favorable Unfavorable Neither favorable nor unfavorable Materials price variance $ Favorable Unfavorable Neither favorable nor unfavorable Materials quantity variance $ Favorable Unfavorable Neither favorable nor unfavorable (2) Total labor variance $ Favorable Unfavorable Neither favorable nor unfavorable Labor price variance $ Favorable Unfavorable Neither favorable nor unfavorable Labor quantity variance $ Favorable Unfavorable Neither favorable nor unfavorable

Click if you would like to Show Work for this question: Open Show Work