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Standard Quantity Standard Price Standard Unit Cost Direct materials 16 pounds $14 per pound $224 Direct manufacturing labor 3.8 hours $30 per hour $114 During
Standard Quantity Standard Price Standard Unit Cost Direct materials 16 pounds $14 per pound $224 Direct manufacturing labor 3.8 hours $30 per hour $114 During 2017, actual number of units produced and sold was 5,100, at an average selling price of $760. Actual cost of direct materials used was $1,149,400, based on 70,000 pounds purchased at $16.42 per pound. Direct manufacturing labor-hours actually used were 17,000, at the rate of $33.70 per hour. As a result, actual direct manufacturing labor costs were $572,900. Actual fixed costs were $1.240,000. There were no beginning or ending inventories. Print Done - Data Table Check Ar Expected production and sales Expected selling price per unit Total fixed costs 7,100 units 735 $ $ 1.250.000 awwwwwwwy vyowe w w (Click the icon to view the static budget data.) Actual Flexible Flexible-Budget Variance Results Budget I 5.100 Output units $ 3,876,000 Revenues Direct materials $ 1.149.400 Direct manufacturing labor 572.900 1 240.000 Fixed costs $ 2.962,300 Total costs S 913.700 Operating Income number in the initialds and then click Check
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