Standard Price and Volume - XI Actual Results Direct materials (resin).... Direct labor..... 13 pounds per pot at a cost of $3.00 per pound
Standard Price and Volume - XI Actual Results Direct materials (resin).... Direct labor..... 13 pounds per pot at a cost of $3.00 per pound .3.0 hours per pot at a cost of $20.00 per hour Standard variable manufacturing overhead rate ..... $4.00 per direct labor hour Budgeted fixed manufacturing overhead Standard fixed MOH rate. ... .....$35,800 . $7.00 per direct labor hour (DLH) Earthern Ware allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,800 flower pots: Direct materials Direct labor..... Purchased 25,460 pounds at a cost of $3.50 per pound; used 24,660 pounds to produce 1,800 pots Worked 3.4 hours per flower pot (6,120 total DLH) at a cost of $18.00 per hour Print Done Help me solve this Video Get m 52 Q Search Requirements 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances. Le Print Done Clear all Check answer 8:56 PM 5/5/2024 PRE
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