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You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a
You have been given the following information about the production of Usher Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Standard Cost Card $45.00 8.00 Direct materials (9 pounds at $5 per pound) Direct labor (0.80 hours at $ 10) Variable overhead (0.80 hours at $3 per hour) Fixed overhead (0.80 hours at $8 per hour) 2.40 6.40 $61.80 The following is a variance report for the most recent period of operations. Costs Direct materials Direct labor Total Standard Cost $405,000 72,000 Variances Price Quantity $8,290F $9,500 U 4,367 U 7,400 U Your answer is correct. How many units were produced during the period? Number of units 9000 e Textbook and Media * Your answer is incorrect. How many pounds of raw materials were purchased and used during the period? Raw material 83375 pounds e Textbook and Media X Your answer is incorrect. What was the actual cost per pound of raw materials? (Round answer to 2 decimal places, eg. 1.25.) Actual cost per pound of raw materials $ /lb e Textbook and Media X Your answer is incorrect. How many actual direct labor hours were worked during the period? Actual direct labor hours hours e Textbook and Media X Your answer is incorrect. What was the actual rate paid per direct labor hour? (Round answer to 2 decimal places, eg. 1.25.) Actual rate paid per direct labor hour /hr e Textbook and Media
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