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Saskatawan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by
Saskatawan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the Direct Labor: Direct Material: Quantity. 0.25 hour Quantity, 4 kilograms Rate, S16 per hour Price. $0.80 per kilogram Actual material purchases amounted to 240,000 kilograms at $0.81 per kilogram. Actual costs incurred in the production of 50,000 units were as follows: Direct labor: Direct material: $211,900 for 13,000 hours S170.100 for 210,000 kilograms Required: Fill in the amounts in the tables below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Round "per kilogram" to 2 decimal places.) Direct-Material Purchase Price Variance Actual Material Cost of Purchases Projected Material Cost of Purchases Actual Quantity Actual Price Actual Quantity Standard Price kilograms purchased per kilogram kilograms purchased per kilogram 0 $ ol Direct-material purchase price variance Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the controller. Direct Labor: Quantity, 0.25 hour Rate, S16 per hour Direct Material: Quantity, 4 kilograms Price $0.80 per kilogram Actual material purchases amounted to 240,000 kilograms at $0.81 per kilogram. Actual costs incurred in the production of 50,000 units were as follows: Direct labor: Direct material: : $211,900 for 13,000 hours $170, 100 for 210,000 kilograms Required: Fill in the amounts in the tables below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Round "per hour" to 2 decimal places.) Actual Labor Cost Direct-Labor Rate and Efficiency Variances - Projected Labor Cost Actual Hours x Standard Rate Standard Labor Cost Standard Hours Standard Rate Actual Hours X * Actual Rate X X x X hours used per hour hours used per hour hours allowed per hour $ 0 $ 0 S 0 Direct-labor rate variance Direct-labor efficiency variance Direct-labor variance
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