Question
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.
(a) How many units were produced during the period? (Round answers to 0 decimal places, e.g. 125.)
(b) How many pounds of raw material were purchased and used during the period? (Round answers to 0 decimal places, e.g. 125.)
(c) What was the actual cost per pound of raw materials? (Round to 2 decimal places, e.g. 1.25.)
d) How many actual direct labor hours were worked during the period? (Round answers to 0 decimal places, e.g. 125.)
(e) What was the actual rate paid per direct labor hour? (Round to 2 decimal places, e.g. 1.25.)
Exercise 11-9 (Part Level Submission) 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. Direct materials (6 pounds at $3 per pound) Direct labor (0.80 hours at $8) Variable overhead (0.80 hours at $4 per hour) Fixed overhead (0.80 hours at $7 per hour) Standard Cost Card $18.00 6.40 3.20 5.60 $33.20 The following is a variance report for the most recent period of operations. Variances Costs Total Standard Cost Price Quantity 407,000 5,270 F $9,900 Direct materials Direct labor 144,710 5,100 U 6,700 UStep by Step Solution
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