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NE Problem 12.46A ai Crede Manufacturing Company uses a standard cast accounting System. In 2020, 26,000 miles were produced. Each unit to several grams of
NE Problem 12.46A ai Crede Manufacturing Company uses a standard cast accounting System. In 2020, 26,000 miles were produced. Each unit to several grams of direct materials and 1.6 standard hours of direct labour at a standard hourly rate of 59. Normal capacity was 50.000 de labour hours. During the year 117.000 kg oftars were purchased $0.95 per kilogram. Al materials purchased were used during the year If the materials price variance was $5.850 lavourable, what was the standard els proper (der to decimal places. 175.) Standard price per Wlogram 1.00 of the materials quantity variance was $5.700 unfavourable, where were standard material quandtyper int? (Round answer to 7 decimal persee 5.13) 0.99 kilograms Standard materiais quantity per unit what were the standard hours allowed for the units produced Standard hours allowed 416 If the labour Quantity variance was $5.670 unfavourable what were the actual direct labout hours world! Actual direct labour hours ES If the labour price variance was $8,446 favourable, what was the actual rate per hour? (Round answer to 2 decimal places, c.2. 15.25.) Actual rate per hour $ idy If total budgeted manufacturing overhead was $427,560 at normal capacity, what was the predetermined overhead rate? (Round answer to 2 decimal Predetermined overhead rate 8.40 What was the standard cost per unit of product? (Round answer to 2 decimal places. c.g. 15.25.) Standard cost per unit $ How much overhead was applied to production during the year Overhead applied $ Using selected answers above, what were the total costs assigned to work in process? (Round answer to the nearest Wale dollar, c.9. 5.275) Total costs assigned to work in process $
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