Question: mnformation is from the static budget for 2017 labor Data Table ble-B! ariand 127.50 Standard Quantity Standard Price Standard Unit Cost Direct materials 16 pounds


mnformation is from the static budget for 2017 labor Data Table ble-B! ariand 127.50 Standard Quantity Standard Price Standard Unit Cost Direct materials 16 pounds $14 per pound $224 Direct manufacturing labor 3.8 hours $30 per hour $114 During 2017 actual number of units produced and sold was 5,100 at an average selling price of $760. Actual cost of direct materials used was $1.149,400, based on 70,000 pounds purchased at $16.42 per pound Direct manufacturing labor-hours actually used were 17,000, at the rate of $33.70 per hour. As a result, actual direct manufacturing labor costs were $572,900. Actual fixed costs were $1.240,000. There were no beginning or ending inventories 7,00 8,50 10.00 11.50 139.00 Print Done nput fields and then click Check Answer Read the ble - X Data Table get 5.1001 3.500 7,100 units Expected production and sales Expected selling price per unit $ 735 24001 Total fixed costs $ 1.250.000 1.400 0.0001 Print Done 3,800 4,700 R Sales-Volume Static Variance Budget Actual Flexible-Budget Flexible Results Variance Budget 5.100 0 5.100 $ 3,876,000 $ 127,500 F $ 3.748,500 Output units Revenues Direct materials Direct manufacturing labor $ 1.149.400 $ 572.900 7,000 U 8,500 F 10.000 F $ 1.142,400 581 400 1.250,000 Fixed costs 1240.000 11.500 Total costs F $ 2.973.800 $ 2.962,300 $ $ 913,700 $ 139.000 F $ 774.700 Operating income Choose from any list or enter any number in the input fields and then click Check
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