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n Direct Materials Under normal conditions, Sarah spends $8.40 per unit of materials, and it will take 3.60 units of material per pair of shoes.
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Direct Materials Under normal conditions, Sarah spends $8.40 per unit of materials, and it will take 3.60 units of material per pair of shoes. During July, Sole Purpose Shoe pairs of shoes, Complete the following table, showing the direct materials variance relationships for July for Sole Purpose Shoe Company. If required, round your answers to number for an unfavorable cost variance. Actual Cost Actual Actual Actual Quantity Price Quantity 6,890 6,890 8.9 X 61,321 57,876 Unfavorable Price Direct Materials Variance! 3,445 Favorable Total Direct Materials Cost Variance -5,207 X al per pair of shoes. During July, Sole Purpose Shoe Company incurred actual direct materials costs of $51,321 for 6.890 units of direct materials in the production of 2.175 se Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable cose variance, and a positive > Standard Cost Standard Price Actual antity .890 Standard Quantity Standard Price X 8.4 7.920 X X 57,876 Favorable Quantity Direct Materials Variance 66,528 x Favorable Cost Total Direct Materials Variance -5,207 X Direct Labor Under normal conditions, Sarah pays her employees $8.50 per hour, and it will take 2.0 hours of labor per pair of shoes. During August, Sole Pu of shoes. Complete the following table, showing the direct labor variance relationships for August for Sole Purpose Shoe Company. If required, round your for an unfavorable variance, Actual Cost SE Actual Hours X Actual Rate Actual Hours X Unfavorable Rate Direct Labor Variance Total Direct Labor Unfavorable Cost V Variance: Flabor per pair of shoes. During August, Sole Purpose Show Company incurred actual direct labor costs of $65.610 for 7,290 hours of direct laber in the production of 2.300 paire purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, wie a negative number for a tworable variance, and a position number Standard Cost Standard Rate Standard Hours X Standard Rate X Unfavorable - Direct Labor Variance Unfavorable Total Direct Labor Variance Cost Sarah has learned a lot from you over the past two months, and has compiled the following data for Sole Purpose Shoe Compa September. The company produced 3,500 pairs of shoes that required 12,250 units of material purchased at $8.20 per unit and $28,350. When entering variances, use a negative number for a favorable cost variance, and a positive number for an unfavora Use the data in the following table to prepare the Budget Performance Report for Sole Purpose Shoe Company for September. Standard Standard Cost Manufacturing Costs Price Standard Quantity 3.60 units per pair Per Unit Direct materials $8.40 per unit $30.24 Direct labor 2.80 hours per pair 23.80 Factory overhead $8.50 per hour $2.70 per hour 2.80 hours per pal 7.56 Total standard cost per pair $61.60 Sole Purpose Shoe Company Budget Performance Report For the Month Ended September 30 Cost Variance (Favorable) Unfavorable Standard Cost at Actual Volume Manufacturing Costs Actual Costs Direct materials Direct labor Factory overhead 000 II Total manufacturing costs data for Sole Purpose Shoe Company for September using the techniques you taught her. She would like your help in preparing a budget performance Report for erial purchased at $8.20 per unit and 9,450 hours of labor at an hourly rate of $8.90 per hour during the month. Actual factory overhead during September and a positive number for an unfavorable cost variance. pose Shoe Company for September
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