Question: Current Attempt in Progress Your answer is incorrect. Bridgeport Company has gathered the following information about its product: Direct materials: Each unit of product contains
Current Attempt in Progress
Your answer is incorrect.
Bridgeport Company has gathered the following information about its product:
Direct materials: Each unit of product contains of materials. The average waste and spoilage per unit produced under normal conditions is Materials cost $ per kilogram, but Bridgeport always takes the cash discount that all of its suppliers offer. Freight costs average $ per kilogram.
Direct labour: Each unit requires hours of labour. Setup cleanup, and downtime average hours per unit. The average hourly pay rate of Bridgeport's employees is $ Payroll taxes and fringe benefits are an additional $ per hour.
Manufacturing overhead: Overhead is applied at a rate of $ per direct labour hour.
Calculate Bridgeport's total standard cost per unit. Round intermediate calculations and final answer to decimal places, eg
Total standard cost per unit
$
eTextbook and Media
Attempts: of used
Current Attempt in Progress
Your answer is partially correct.
In October, Cheyenne Inc. reports actual direct labour hours, and it incurs $ of manufacturing overhead costs. Standard hours allowed for the work completed during October is hours. Cheyenne's predetermined overhead rate is $ per direct labour hour.
Calculate the total manufacturing overhead variance for Cheyenne Inc. for October.
Total manufacturing overhead variance
$
eTextbook and Media
Attempts: of used
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
