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Inputs Standard Quantity/Hours per unit of output Standard price or rate direct materials 6.7 grams $7.80 per gram direct labor .20 hours $19 per hour
Inputs | Standard Quantity/Hours per unit of output | Standard price or rate |
direct materials | 6.7 grams | $7.80 per gram |
direct labor | .20 hours | $19 per hour |
variable manufacturing overhead | .2 hours | $8.30 per hour |
the company has reported the following actual results for the product for August
Actual output | 6,300 units |
raw materials purchased | 48,100 grams |
actual price of raw materials | $7 per gram |
raw materials used in production | 42,200 |
actual direct labor hours | 1,350 hours |
actual direct labor rate | $20.10 per hour |
actual variable overhead rate | $9.00 per hour |
a) compute materials price variance in august
b) compute materials quantity in august
c) compute labor variance for August
d) compute labor efficiency variance for august
e) compute the variable overhead rate variance for august
f) compute variable overhead efficiency variance for august
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