Question: Part of your companys a c counting database was destroyed when Godzilla attacked the city. You have been able to gather the following data from
Part of your company’s a c counting database was destroyed when Godzilla attacked the city. You have been able to gather the following data from your files. Reconstruct the remaining information using the available data. All of the raw material purchased during the period was used in production.
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Direct Material Direct Labor Standard price or rate per unit of input $16 per pound Standard quantty per unit of output Actual quantity used per unit of output Actual price or rate per unit of input Actual output20,000 units Standard input quantity allowed55,000 pounds Direct-material purchase price variance Direct-material quantity varnance Direct-labor rate vaniance Direct-labor efficienoy variance. Total direct-labor variance 3.5 hours $21 per hour 20,000 units 4 per pound $120,000 F $200,000 F $130,000 F
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