I believe it says 700 but that's all the information I have on this problem and I'm stuck

AutoSave Off Chapter 8 - Excel file, Sample Variance Analysis A (1).xls Home Formulas Data Review View Help File F20 Insert : x Page Layout for B C D E 1 TK Dover Water Cooler Company has the following costing information for June, when it produced 700 units. REC Direct Materials Direct Labor Standard 5,040 lbs @ $7.50 per lb. 4,000 hrs. @ $14.00 per hr Actual 5,000 lbs @ $6.95 per lb. 4,250 hrs, totaling 157,375. 1. Compute the direct materials cost variance, including its price and quantity variance. 2. Compute the direct labor cost variance, including its rate and efficency variance. Part 1 Direct Materials Variances: Pounds Cost Total 19 20 Direct materials cost variances Actual units at actual cost Standard units at standard cost Direct material cost variance 21 22 Die 23 Pounds Price Total Direct materials price and quantitu variang Actual quantity at actual price Actual quantity at standard price Price variance Actual quantity at standard price Standard quantity at standard price Quantity variance Price variance Quantity variance Total materials variance Part 2. Direct Labor Variances: Cost Total Direct labor cost variances Actual units at actual cost Standard units at standard cost Variance 45 46 Direct laborale and efficienu varian Actual hours at actual rate Actual hours at standard rate Pate variance 47 48 50 Actual hours at standard rate Standard hours at standard rate Efficiency variance 18 Rate variance Efficiency variance Total labor variance Chap. 8, Var. Analysis Template Type here to search OL