Question: please show all answers with solutions 1. STANDARD VARIABLE COST CARD One Unit of Product Materials: 20 square feet x $4 per square foot Direct
1. STANDARD VARIABLE COST CARD One Unit of Product Materials: 20 square feet x $4 per square foot Direct labor: 15 hours x $6 per hour Variable manufacturing overhead: 15 direct labor hours x $5 per hour Total standard variable cost per unit The company records materials price variances at the time of purchase. The following activity occurred $80.00 90.00 S.00 245.00 during the month of April: Materials purchased: Materials used: Units produced Direct labor: 70,000 sq. feet at $4.20 per sq. foot 49,000 square feet 2,500 units 38,000 hours at $5.75 per hour Actual variable manufacturing overhead: $210,000 Required: a. Calculate the direct materials price variance (h20-4X10.od-,000mpuan b. Calculate the direct materials usage variance. (41 b. Calculate the direct materials usage variance. or)40as freoble c. Calculate the direct labor rate variance. 1500 fab d. Calculate the direct labor efficiency variance. 3,000an e. Calculate the variable overhead spending variance. o,ocu -5x3 f Calculate the variable overhead efficeey variance 35S1250
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