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Please the questions are tied together the answer you get in SE3 will be used for SE7 and SE6. Thanks Computing a Standard Unit Cost
Please the questions are tied together the answer you get in SE3 will be used for SE7 and SE6. Thanks
Computing a Standard Unit Cost SE3. Using the information that follows, compute the total standard unit cost of Product wW+ Direct materials quantity standard Direct materials price standard Direct labor time standard Direct labor rate standard Variable overhead rate standard Fixed overhead rate standard Machine hour standard 1 pound per unit $10.00 per pound 0.5 hour per unit $12.00 per hour $6.00 per machine hour $11.00 per machine hour 4 hours per unit SE6 Direct Materials Variances SE6. Using the standard unit costs that you computed in SE3 and the actual cost and usagc variances. e data that follow, compute t he direct material s price and direct materials quantity Direct materials purchased and used (pounds) Price paid for direct materials Number of good units produced 21,800 $10.10 per pound 21,000 units SE7 Direct Labor Variances SE7. Using the standard unit costs that you computed in SE3 and the actual cost and usage data that follow, compute the direct labor rate and direct labor efficiency variances. Direct labor hours used Total cost of direct labor Number of good units produced 11,000 hours $134,200 21,000 unitsStep by Step Solution
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