Falcon Corporation uses a special flavoring in producing one of its flavored bottled beers. During the month of July, the company purchased and used 24,000 liters of the flavoring at a cost of $0.20 per liter. Production for the month was 50,000 cases of beer. The standard quantity allowed for producing a case is 0.5 liters at $0.18 per liter. When producing the beer during the month, the company had a $1,100 favorable direct labor price variance and a $900 unfavorable total direct labor variance (price and quantity combined). The standard rate per hour for the beer makers is $10 per hour. The actual hours used during the month were 2,200. ODUCE REQUIRED: Compute the following items for the month of July. Round all per unit costs to the nearest cent and all dollar amounts to the nearest whole dollar. (1) (2) Duck Corpor (3) (4) Direct materials price variance. Direct materials quantity variance. Actual direct labor price per hour. Standard quantity of hours allowed for the actual output.

Falcon Corporation uses a special flavoring in producing one of its flavored bottled beers. During the month of July, the company purchased and used 24.000 liters of the flavoring at a cost of $0.20 per liter. Production for the month was 50,000 cases of beer. The standard quantity allowed for producing a case is 0.5 liters at $0.18 per liter. When producing the beer during the month, the company had a $1,100 favorable direct labor price variance and a $900 unfavorable total direct labor variance (price and quantity combined). The standard rate per hour for the beer makers is $10 per hour. The actual hours used during the month were 2,200 . REQUIRED: Compute the following items for the month of July. Round all per unit costs to the nearest cent and all dollar amounts to the nearest whole dollar. (1) Direct materials price variance. (2) Direct materials quantity variance. (3) Actual direct labor price per hour. (4) Standard quantity of hours allowed for the actual output