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Raw Material Standard Labor Time Product X442 Yl Sintering Finishing Alpha 2.5 kilos 2.5 liters 6.16 hours 1.66 hours Zeta? 4.5 kilos 5.6 liters 6.36
Raw Material Standard Labor Time Product X442 Yl Sintering Finishing Alpha 2.5 kilos 2.5 liters 6.16 hours 1.66 hours Zeta? 4.5 kilos 5.6 liters 6.36 hours 1.26 hours Information relating to materials purchased and materials used in production during May follows: Material Purchases Purchase ICost Standard Price Used in Production X442 15,266 kilos $ 42,566 $ 2.66 per kilo 6,?66 kilos Yl 16,266 liters $ 24,366 $ 1.66 per liter 14,266I liters The following additional information is available: Complete the standard cost card for each product, showing the standard cost of direct materials and direct labor. (Round your answers to 2 decimal places.) Standard Standard Standard Quantity or Hours Price or Rate Cost Alpha6: Direct materials-X442 kilos per kilo Direct materials-Y661 liters per liter Direct labor-Sintering hours per hour Direct labor-Finishing hours per hour Total Zeta 7: Direct materials-X442 kilos per kilo Direct materials-Y661 liters per liter Direct labor-Sintering hours per hour Direct labor-Finishing hours per hour TotalDirect Materials Variances-Material X442: Materials price variance Materials quantity variance Direct Materials Variances-Material Y661: Materials price variance Materials quantity varianceDirect Labor Variances-Sintering: Labor rate variance Labor efficiency variance Direct Labor Variances-Finishing: Labor rate variance Labor efficiency variance
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