Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

mah You have been given the following information about the production of Gam e , and are asked to provide the plant manager with information

image text in transcribed
image text in transcribed
image text in transcribed
mah You have been given the following information about the production of Gam e , and are asked to provide the plant manager with information for a mesting the vice president of per Standard Cont Card Direct materials (5.80 kg 33.20 per gram) Detabou (0.50 hours at 54.00) Variable overhead (0.50 hours $3.20 per hour) Find overhead (0.50 hours per hour $25.66 The following is a production report for the most recent period of operations Total Variances Spending/ Quantity/ Budget Emiciency Standard Cost Price/ Rate Volume $5,913 39,800 31.540 vande overhead 51.170 Fixed overhead 69.650 $13,650 How many units were produced during the period? How many units were produced during the period? Number of units produced 19900 How many kilograms of raw material were purchased and used during the period? Raw materials purchased kilograms What was the actual cost per kilogram of raw materials? (Round answer to 2 decimal places, .g. 15.25.) Actual cost per kilogram How many actual direct labour hours were worked during the period? Actual direct labour hours hours What was the actual rate paid per direct labour hour? (Round answer to 2 decimal places, e.g. 15.25.) Actual rate What was the actual variable overhead cost incurred during the period? Actual variable overhead What is the total fixed overhead cost master budget? Budgeted fixed cost What were the master budget hours for fixed overhead? Master budget hours hours

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions