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You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with Information for

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You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with Information for a meeting with the vice-president of operations: Standard Cost Card Direct materials (5.60 kg at $3.00 per kilogram) $16.80 Direct labour (0.50 hours at $5.00) 2.50 Variable overhead (0.50 hours at $3.00 per hour) 1.50 Fixed overhead (0.50 hours at $7 per hour) 3.50 $24.30 The following is a production report for the most recent period of operations: Variances Costs Total Standard Cost Price/Rate Spending/ Quantity Budget Efficiency Volume Direct materials $369.600 $6,307 F $8,820 U Direct labour 55,000 3,080 U 6,600 U Variable overhead 33,000 $1,170 F Fixed overhead 77,000 420 F $13.650 U (a) Your answer is correct How many units were produced during the period?

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