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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.
Direct materials (9 pounds at $5 per pound) Direct labor (0.90 hours at $5) Variable overhead (0.90 hours at $4 per hour) Fixed overhead (0.90 hours at $8 per hour) Standard Cost Card $45.00 4.50 3.60 7.20 $60.30 The following is a variance report for the most recent period of operations Variances Costs Total Standard Cost Price $405,000 $7,070 F 40,500 4,000 U Quantity $9,100 U 7,100 U Direct materials Direct labor (a) Your answer is correct. How many units were produced during the period? (Round answer to 0 decimal places, e.g. 125.) Number of units 9,000 SHOW SOLUTIONSHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used (b) How many pounds of raw material were purchased and used during the period? (Round answer to 0 decimal places, e.g. 125.) Raw material poundsStep by Step Solution
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