Question: Chapter 11 Name: lackson Industries has collected the following data for one of its products 30 per finished good 12,000 3 irectmaterials standard(6poundsperuniesosst.) Direct materials
Chapter 11 Name: lackson Industries has collected the following data for one of its products 30 per finished good 12,000 3 irectmaterials standard(6poundsperuniesosst.) Direct materials flexible budget variance-unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced 000 units 1.What is the total actual cost of the direct materials used? 2 What is the actual cost of the Direct Materials Used (AQU) per pound? 3. How much is the direct materials quantity variance? 4. Actual direct materials purchased was $38,000 pounds. Actual price paid per pound is $,60. How much is the direct materials price variance? Fabian Fabrication machines heavy-duty brake rotors that are used on commercial airliners. Fabian's management developed the following standard costs: andard direct labor hours per rotor andard overhead rate per direct labor hour $11 Actual activity for October tual overhead costs incurred ual direct labor hours tual rotors machined $136,800 11,40 4,100 5. What is the variable manufacturing overhead rate variance in October? 6. What is the variable manufacturing overhead efficiency variance in October
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