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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

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 (5.20 kg at $3.60 per kilogram) $18.72
Direct labour (0.60 hours at $5.00) 3.00
Variable overhead (0.60 hours at $3.60 per hour) 2.16
Fixed overhead (0.60 hours at $6 per hour) 3.60
$27.48

The following is a production report for the most recent period of operations:

Variances
Costs Total Standard Cost Price/ Rate Spending/ Budget Quantity/ Efficiency Volume
Direct materials $355,680 $5,084 F $10,368 U
Direct labour 57,000 3,190 U 6,800 U
Variable overhead 41,040 $1,170 F ?
Fixed overhead 68,400 470 F $12,000 U

A)How many units were produced during the period?

B) How many kilograms of raw material were purchased and used during the period?

C) What was the actual cost per kilogram of raw materials?

D)How many actual direct labour hours were worked during the period?

E)What was the actual rate paid per direct labour hour?

F) What was the actual variable overhead cost incurred during the period?

G)What is the total fixed overhead cost in the companys master budget?

H)What were the master budget hours for fixed overhead?

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