We are analyzing 2 products product Hamburgers(HB)and Double Deckers(DD)

• Product HB requires 1 Patty (P) and 2 Buns (B)
• Product Y requires 2 Patties (P) and 3 Buns B)
• The standard cost for P is $1 per unit.
• The standard cost for B is $0.50 per unit.
• During this month, the company purchased 5,000 Ps for $4,950 (there was no beginning balance).
• During this month, the company purchased 5,000 units of Bs for $2,600. (there was no beginning balance).
• During the month the company produced 500 HBs and 1000 DDs.
• During the month the company used 2520 units of Ps and 3975 units of Bs.
• Payroll was $315, with 16 hours (this is actual - direct labor only).
• Each burger requires 1/100 of an hour for Direct Labor
• Labor standard cost is $20 per hour.

hint: for production of both X and Y

Questions 1-27: Suggestion: Use a scratch paper to solve all the variances first, then answer the questions. (SHOW WORK)

1. DL Total Variance (Favorable or Unfavorable)
2. B- Flex Budget is?
3. DL - Efficiency (labor quantity) variance (favorable or unfavorable)
4. P - Use (Quantity) Variance (favorable or unfavorable)
5. DL - Standard Cost (Total)?
6. B - Use variance (Favorable or unfavorable)
7. P - Direct Material Total Variance (Favorable or Unfavorable)
8. P - Use (Quantity) Variance?
9. Rate (Labor Price) Variance (favorable or unfavorable)
10. B - Standard Cost (Total)?
11. P - Actual Cost (total) ?
12. DL - Actual Cost (Total)?
13. P - Price Variance (favorable or unfavorable)
14. DL Total Variance?
15. B - Use (Quantity) Variance?
16. P - Price Variance?
17. B -- Actual Cost (total)?
18. DL -- Flex Budget?
19. B - Direct Material Total Variance?
20. B - Price Variance?
21. Rate Variance (Labor Price)?
22. B - Price Variance (favorable or unfavorable)
23. DL Efficiency Variance (Labor Quantity)?
24. P - Direct Material Total Variance?
25. B - Direct Material Total Variance (favorable or unfavorable)
26. P - Standard Cost (total)?
27. P - Flex Budget ?