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Gumchara Corporation reported the following information with respect to the materials required to manufacture amalgam florostats during the current month: Standard price per gram of
Gumchara Corporation reported the following information with respect to the materials required to manufacture amalgam florostats during the current month:
Standard price per gram of materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4 | ||||||||||||||||||||||||||||||||
Standard quantity of materials per amalgam florostat . . . . . . . . . . . . . . . . . . . . . 5 grams | ||||||||||||||||||||||||||||||||
Actual materials purchased and used in production . . . . . . . . . . . . . . . . . . . . . . . 6,000 grams | ||||||||||||||||||||||||||||||||
Actual amalgam florostats produced during the month . . . . . . . . . . . . . . . . . . . . 1,000 units | ||||||||||||||||||||||||||||||||
Actual cost of materials purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18,000 | ||||||||||||||||||||||||||||||||
Normal monthly output . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900 units
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