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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 | ||
| Direct materials (5 pounds at $5 per pound) | $25.00 | |
| Direct labor (0.90 hours at $10) | 9.00 | |
| Variable overhead (0.90 hours at $4 per hour) | 3.60 | |
| Fixed overhead (0.90 hours at $9 per hour) | 8.10 | |
| $45.70 |
The following is a variance report for the most recent period of operations.
| Variances | ||||||||
| Costs | Total Standard Cost | Price | Quantity | |||||
| Direct materials | $405,000 | $8,298 | F | $9,900 | U | |||
| Direct labor | 145,800 | 4,590 | U | 7,200 | U | |||
How many pounds of raw materials were purchased and used during the period?
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