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Using selected answers above, what were the total costs assigned to work in process? Please, show details. Crede Manufacturing Company uses a standard Cos: accounting
Using selected answers above, what were the total costs assigned to work in process?
Please, show details.
Crede Manufacturing Company uses a standard Cos: accounting system. In 2020, 28,000 units were produced. Each unit took several kilograms of direct materials and 16 standard hours of direct labourata standard hourly rate of $15. Normal capacity was 48,500 direct labour hours. During the year, 117,600 kg of raw materials were purchased a $0.95 per kilogram. All materials purchased wers used during the year. al Your answer is correct. If the materials price variance was $5,890 favourable, what was the standare materials price per kilogram? [Round answer to 2 decimal places, 525 Standard price per kilogram 2 e Textbook and Media Attempts: 1 of 2 used (b) Your answer is correct. If the materials quantity variance was $5.600 unfavourable what was the standard materials quantity per unit? (Round answer to 2 decimal places, e.g. 5.17.) Standare materials quantity per unit 400 kilograms e Textbook and Media Attempts: 2 of 2 used (c) Your answer is correct. What were the standard hours allowed for the units produced? ? Standard hours allowed 44900 e Textbook and Media Attempts: 1 of 2 used (d) d Your answer is correct. If the labour Quantity variance was $9,200 unfavourable, what were the actual direct labour hours worked? Actual direct labour hours 45420 e Textbook and Media Attempts: 1 of 2 used le) your answer is correct. If the labour price variance was $12.168 favourable what was the actua rats per hour? Round answer to 2 decimal placeses 15.25.1 Actual rate per hour s s 14.60 e Textbook and Media Attempts: 1 of 2 used f) Your answer is correct. Iftotal budgeted manufacturing overhead was $392.850 at normal capacity, what was the predetermined overhead rate? Round $? ( answer to 2 decimal places, es. 15.25 Predetermined overhaac rats S S 8.10 e Textbook and Media Attempts: 2 of 2 used LE Your answer is correct. What was the standard cost per unit of product? (Round answer to 2 decimal places es. 15.25.) Standard cost per unit S 40.96 e Textbook and Media Attempts: 1 of 2 used th) Your answer is correct. How much overhead was applied to production during the year? Overhead applied 352880 e Textbook and Media Attempts: 1 of 2 usedStep by Step Solution
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