Given:

SOLVE FOR The Red Blanks:

Barberry, Inc., manufactures a product called Fruta. The company uses a standard cost system and has established the following standards for one unit of Fruta: Standard Price or Rate 7.00 per pound$ $13.00 per hour 2.50 per hour Standard Standard Quantty 1.40 pounds 0.60 hours 0.60 hours Cost Direct materials Direct labor Variable manufacturing overhead S 9.80 7.80 1.50 19.10 During June, the company recorded this activity related to production of Fruta: a. The company produced 2,700 units during June. b.A total of 7,000 pounds of material were purchased at a cost of $44,800. c. There was no beginning inventory of materials, however, at the end of the month, 2,650 pounds of material remained in ending inventory. average of 130 hours at an average rate of $13.50 per hour manufacturing overhead costs during June totaled $3,000. d. The company employs 10 persons to work on the production of Fruta. During June, they worked an e. Variable manufacturing overhead is assigned to Fruta on the basis of direct labor-hours. Variable The company's management is anxious to determine the efficiency of Fruta production activities