THE FOLLOWING INFORMATION IS USED TO ANSWER QUESTIONS 18 to 221 Palpatine Surfboards manufactures a fiberglass surfboard called the Jedikiler". The standard cost of direct materials and direct manufacturing laboris $248 per board. This includes 35 pounds of direct materials, at an unspecified budgeted price, and 11 hours of direct manufacturing labor, at the budgeted rate of $13 per hour. Following are additional data for the month of July Units completed 5,600 units Direct material purchases 230,000 pounds Cost of direct material purchases $759.000 Actual direct manufacturing labor 43,000 hours hours Actual direct manufacturing labor cost $623.500 Direct materials efficiency variance $ 1.200 F There were no beginning inventories, 10 pts Como nec machine variance is points eachi For the variance amount: Please enter positive values only. For favorable or unfavorable Indicator For Favorable, type Fort For Unfavorable, type Uoru Please enter numeric answer only. For example: If it is one thousand dollars, please enter 1000 or 1000.00 (not 1,000 nor $1,000) if your answer is in decimals, please keep them up to 2 decimal points For example, If your calculated result is 1.118, please type '1.12. If the calculated result is 1.114, please write 1.11 Variance Amount F for Favorable and U for Unfavorable Price Variance Efficiency Variance MacBook Air 888 214 Question 19 5 pts Compute the actual pounds of direct materials used in production in July (5 points) Please enter numeric answer only For example: If it is one thousand dollars, please enter 1000 or 1000.00 Inot 1,000 nor $1,000) If your answer is in decimals, please keep them up to 2 decimal points. For example, if your calculated result is 1.118, please type '1.12. If the calculated result is 1.114, please write "1.11 Question 20 5 pts Calculate the actual price per pound of direct materials purchased. 15 points) What is the actual price per pound of direct materials purchased Please enter numeric answer only For example: if it is one thousand dollars, please enter 1000 or 1000,00 (not 1,000 nor $1.000) If your answer is in decimals, please keep them up to 2 decimal points For example, If your calculated result is 1.118, please type '1.12. If the calculated result is 1.114, please write 1.11 Question 21 Sots Calculate the direct materials price variance (5 points) For the variance amount . Please enter positive values only For favorable or unfavorable indicator: For Favorable, type Forf For Unfavorable, type U or u Please enter numeric answer only. For example: If it is one thousand dollars, please enter 1000 or 1000.00 (not 1.000 nor $1.000) If your answer is in decimals, please keep them up to 2 decimal points. For example, If your calculated result is 1.118, please type "1.12 If the calculated result is 1.114, please write 1.11' Amount F for Favorable or U for Unfavorable Price Variance
