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Wallpaper Creation manufactures Madonna wallpaper. The following information relates to production for last quarter White wallpaper ( 1 roll at P66.00 per roll) P66.00 Pictures
Wallpaper Creation manufactures Madonna wallpaper. The following information relates to production for last quarter White wallpaper ( 1 roll at P66.00 per roll) P66.00 Pictures of Madonna (25 pcs at P5.00 per p 2500 Direct labor (0.75 hours at P$2.00 per hour) 3900 Variable overhead (0.75 hours at P2400 per hour) 18.00 Standard cost per unit P248.00 Variable overhead is based on direct labor hours. Actual cost data for the quarter Wallpaper purchased 2.000 rolls at P5 50 per roll Wallpaper used 1.560 rolls Pictures purchased 38.000 for P182,400 Pictures used 37.950 Direct labor hours P$4.00 Average direct labor rate/hour P5400 Variable overhead cost P28,600 Rolls produced 1.500 Rolls sold 20 31. What is the labor efficiency (usage) variance for the quarter? a P360 unfavorable b. P 50 favorable c. P1,820 favorable d. P2,180 unfavorable Wallpaper Creation manufactures Madonna wallpaper. The following information relates to production for last quarter White wallpaper ( 1 roll at P66.00 per roll) P66.00 Pictures of Madonna (25 pcs at P5.00 per p 2500 Direct labor (0.75 hours at P$2.00 per hour) 3900 Variable overhead (0.75 hours at P2400 per hour) 18.00 Standard cost per unit P248.00 Variable overhead is based on direct labor hours. Actual cost data for the quarter Wallpaper purchased 2.000 rolls at P5 50 per roll Wallpaper used 1.560 rolls Pictures purchased 38.000 for P182,400 Pictures used 37.950 Direct labor hours P$4.00 Average direct labor rate/hour P5400 Variable overhead cost P28,600 Rolls produced 1.500 Rolls sold 20 31. What is the labor efficiency (usage) variance for the quarter? a P360 unfavorable b. P 50 favorable c. P1,820 favorable d. P2,180 unfavorable
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