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If the labor price variance was $9,028 favorable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 2.75.) Actual rate
If the labor price variance was $9,028 favorable, what was the actual rate per hour? (Round answer to 2 decimal places, e.g. 2.75.)
Actual rate per hour | $ 12.80 |
Standard cost per unit $35.16
If the total budgeted manufacturing overhead was $328,020 at normal capacity, what was the predetermined overhead rate based on direct labor hours? Predetermined overhead rate= $6.60
Please answer how much overhead is applied for the problem (h)
How much overhead was applied to production during the year? Overhead applied S Click if you would like to show Work for this question: Open Show Work Problem 24-04A (Part Level Submission) Kansas Company uses a standard cost accounting system. In 2020, the company produced 27,900 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $13.00. Normal capacity was 49,700 direct labor hours. During the year, 130,300 pounds of raw materials were purchased at $0.93 per pound. All materials purchased were used during the year. (a) Your answer is correct. If the materials price variance was $2,606 favorable, what was the standard materials price per pound? (Round answer to 2 decimal places, e.g. 2.75.) Standard materials price per pound .95 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO VIDEO Attempts: 1 of 3 used (b) Your answer is correct. If the materials quantity variance was $17,765 unfavorable, what was the standard materials quantity per unit? Standard materials quantity per unit pounds Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO VIDEO Attempts: 1 of 3 used (c) Your answer is correct. What were the standard hours allowed for the units produced? Standard hours allowed 44640 hoursStep by Step Solution
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