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Required Information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead
Required Information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $8 per lb. 2 hrs. @ $15 per hr. 2 hrs. @ $12 per hr. Actual 43,180 lbs. @ $8.10 per 1b. 14,688 hrs. @ $15.60 per hr. $176,680 7,180 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no varlance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Actual Cost Standard Cost $ 0 S 0 $ 0 0 The following information describes a company's direct labor usage in a recent period. 5 Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) Standard direct labor rate per hour (SR) Standard direct labor hours for units produced (SH) 67,cee $ 15 $ 13 68,400 3 points Skipped AH = Actual Hours SH - Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance. Actual Cost Standard Cost $ 0 9 $ 0 $ Oo 0 6 Required Information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 21.800 units for the year ending December 31. A flexible budget for 21,800 units of production reflects sales of $654.000: variable costs of $65.400: and fixed costs of $142,000. Part 1 of 2 3 points If the company instead expects to produce and sell 27.900 units for the year, calculate the expected level of income from operations. skipped ------Flexible Budget at ------Flexible Budget---- Variable Amount Total Fixed per Unit Cost 21,800 units 27,900 units Contribution margin $ 0.00 S 0 s 0 s s 0
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