Problem 7-33 (book/static) Question Help On May 1, 2018 Terra Comparty began the menutochure of a new Internet paging device known as Flare. The company instaled a atendard coating syatem to count for manufacturing costs. The standard coata lor sunt of Flare and other infomation Polon Click to view the infamation Actual production in May was 4,000 units of Flare, and actual sales in May were 2,500 units. The amount sharan for direct materials rate variance paliesta materials purchased during May. There was no beginning inventary of raterials on May 1, 2014. Required Compete each of the items for Terra for the month of May. Show your computations by first selecting the formula to compute the amount and then entering the amounts in the formula and solving for your anseer. Requirement 1. Campur the standard di manutachuring labour-hours aloved or actual cuinut produced Enter mbes to two dermal places. Round your final answer to the nearest whoic number Slardand direct marul, labour hours - allowed for actual output produced i Data Table i Requirements $ 15.00 The standard casts for aunt af Flare are as follows Direct mailu (3 kg al 35 per ku Direct manufacturing Isbour 10.5 hour at $20 per hour Manufacturing overtreed (75% of direct manufacturing labour costs 10.CO 7.50 32.50 1. Standard direct manufachung labour-hours (DMLH) aloved for actual output 2. Aclual direct ranufacturing lapourtours DMLHI workec. 3. Actual direct infacturing labour wage rate. 4. Standard quantity of direct materials alovec in kiograms) 5. Antual quantity of direct materials used in kiograms 6. Adual quantity of direct materials purchased (in klograma) 7. Actual direct meter ele rate per kilogram The following data were obtained from Terra's records for the month of May: Debit Credit Revenues 3 125.000 Print 14 Done 88.250 S Accounts payable control for May's purchases of direct materials Direct mananais rate variance Direct mauris efficiency varianne Direct manufacturing labour tale variance Direct manufacturing Inbournfienny variance 9250 2.500 1990 Choose from any drop-downlis and then click Check Answer 2.000 Problem 7-33 (book/static) Question Help On May 1, 2018 Terra Comparty began the menutochure of a new Internet paging device known as Flare. The company instaled a atendard coating syatem to count for manufacturing costs. The standard coata lor sunt of Flare and other infomation Polon Click to view the infamation Actual production in May was 4,000 units of Flare, and actual sales in May were 2,500 units. The amount sharan for direct materials rate variance paliesta materials purchased during May. There was no beginning inventary of raterials on May 1, 2014. Required Compete each of the items for Terra for the month of May. Show your computations by first selecting the formula to compute the amount and then entering the amounts in the formula and solving for your anseer. Requirement 1. Campur the standard di manutachuring labour-hours aloved or actual cuinut produced Enter mbes to two dermal places. Round your final answer to the nearest whoic number Slardand direct marul, labour hours - allowed for actual output produced i Data Table i Requirements $ 15.00 The standard casts for aunt af Flare are as follows Direct mailu (3 kg al 35 per ku Direct manufacturing Isbour 10.5 hour at $20 per hour Manufacturing overtreed (75% of direct manufacturing labour costs 10.CO 7.50 32.50 1. Standard direct manufachung labour-hours (DMLH) aloved for actual output 2. Aclual direct ranufacturing lapourtours DMLHI workec. 3. Actual direct infacturing labour wage rate. 4. Standard quantity of direct materials alovec in kiograms) 5. Antual quantity of direct materials used in kiograms 6. Adual quantity of direct materials purchased (in klograma) 7. Actual direct meter ele rate per kilogram The following data were obtained from Terra's records for the month of May: Debit Credit Revenues 3 125.000 Print 14 Done 88.250 S Accounts payable control for May's purchases of direct materials Direct mananais rate variance Direct mauris efficiency varianne Direct manufacturing labour tale variance Direct manufacturing Inbournfienny variance 9250 2.500 1990 Choose from any drop-downlis and then click Check Answer 2.000