The Texas Company has made the following information available for its production facility for the month of June in which 3,900 units were produced. 10. Material purchased (80,000 pieces) Material usage variance $314,000 36,400 u Actual labor cost $40,120 5, 900 Actual labor hours Michigan's standard costs are as follows: Direct material 20 pieces @$4 per piece 1.5 hours@ S6 per hour Direct labor Determine the following items: 900-36,00o preces $312,000 quantity allowed for c. total standard cost of material allowed 8,00 4 d. actual quantity of material used CMO 0:46H-,000) 4:29,Goo e. labor rate variance G.0 0)x 5900 $4. ao unfavoralte f standard hours allowed for labor I.5 x 34oos, as ohrs reces f labor allowed GX S8So t 3slo O 30o total standard cost o h. labor efficiency variance ,400 -58 soG able 11. Budgeted sales for the first six months for Meixner Corp. are listed below JANUARY FEBRUARY MARCH APRIL MAY JUNE 8,000 UNITS: 7,000 7,000 5,000 4,000 Meixner Corp. has a policy of maintaining an inventory of finished goods equal to 40 percent of the next month's budgeted sales. If Meixner Corp. plans to produce 6,000 units in June, what are budgeted sales for July? Peck Co. manufactures card tables. The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales. Each card table requires 3 hours of labor. The budgeted labor rate for the coming year is $13 per hour. Planned sales for the months of April, May, and June are respectively 4,000; 5,000; and 3,000 units. The budgeted direct labor cost for June for Peck Co. is $136,500. What are budgeted sales for July for Peck Co.? 12. Play-Dise makes Frisbee-type plastic discs. The company is preparing budgets for its first year of operations. Records showed that each disc is budgeted at .5 ounces of direct materials costing $3.34 per ounce. Direct labor is budgeted at.05 direct labor hours per disc at a wage of $11.20 per hour. Budgeted variable overhead is $14.40 per direct labor hour. Fixed overhead is budgeted at $540,000 for the year. For the coming year, 13. Play-Disc expects to make 300,000 discs, and to sell 285,000 of them. What is the budgeted cost of goods sold for the coming year