PR $10-33($Algo$)$ Direct$-$Materlal and Direct$-$Labor Varlances $($LO $10-1,10-3)$

New Jersey Vohe Compony manufoctured $8,200$ units during Jenuary of a control valve used by milk processors in its Comden plant.

Records Indicsted the following:

Dinect labor

Dirnect material purchased

ofirect material used

$33,586$ hour at $$14\mathrm{.}90$ per hour

$27,896$ poonds at $$3\mathrm{.}56$ per pound

$24,380$ poonds

The control velve has the following standard prime costa:

Direct material

$3$ pounds at $53\mathrm{.}49$ per poond

olirect labor

$4$ hour at $$15\mathrm{.}26$ por hour

Standard prine cost per unit.

Required:

Prepse oschedule of standsed production costs for Jsnusry, bsed on sctusl production of $8,200$ unts.

$2$ For the month of January, compute the following variances.

Complete this question by entering your answers in the tabs below.

Pha$$uired $1$

louphuriad $2$

Prepare a schedule of standard production costs for January, based on achusl proctuction of $8,200$ units.