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On May 1, 2020, Pedia Company began the manufacture of a new paging machine known as Sleek. The company tandard costing system to account for
On May 1, 2020, Pedia Company began the manufacture of a new paging machine known as Sleek. The company tandard costing system to account for manufacturing costs The standard costs for a unit of Sleek and other now Actual production in May was 4,500 units of Sleek, and actual sales in May were 3.500 units. The amount shown for direct materials price variance applies to materials purchased and used during May There was no beginning inventory of materials on May 1, 2020 Read the requirements 1a. Compute the Requirements Compule mech of the following hams for Pedroia Company for the month of May Show your computations by first selecting the formula, then entering the amounts in the formula, and then scving for your a 1. 2 Sandand coel per pound of direct materials, (b) Standard hours per un of direct manufacturing labor (c) Sandand manufacturing overhead cost expressed as a percentage of standard direct manufacturing labor cost ( Standard cost per unit paging machine) Bandant drect manufacturing bor-hours allowed for achal produced x Actual direct manufacturing labor hours worked " Actual Grect manufacturing labor wage rate " T Standant quantity of direct materials allowed (pound) Actual quantity of direct mates purchased and used in pound Print Done Data table: The standard costs for a unit of Seek fo Direct materials (237) Direct manufacturing labor (? hour at 524 per hour) Manufacturing overhead (7% of direct manufacturing labor costs) Standard cost per un The folowing data were obtained from Pedro's records for the month of May Debit S 6.00 12.00 3.00 Credit $175,000 Doest materials price variance 1,000 Direct materials efficiency variance 2000 Direct manufacturing labor price variance 2.400 Direct manufacturing tabor efficiency variance 2.500 Help me solve this Etext pages Get more help- Print Done Clear B Check
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