The company uses the standard cost system. The standard cost information for the production of a...

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The company uses the standard cost system. The standard cost information for the production of a single product is presented below: Direct First Item and Material 8 kg; $5/kg - Direct Labor for 3 hours; $16,40/hour - The activity information for November is as follows: Actual Production 6.300 units - Budgeted Production of 6,000 units Raw Material Purchase 50.000 kg Actual Direct Labor Costs $300.760 - Actual Direct Labor Hours: 18,250 hours DIMM Efficiency Deviation $1.500 (negative) DIMM Price Deviation $750 (positive) a- Calculate the direct labor price deviation? b- Calculate the direct labor productivity deviation? c- Calculate the amount of raw materials actually used in production? d- Calculate the actual raw material unit price (at purchase)? The company uses the standard cost system. The standard cost information for the production of a single product is presented below: Direct First Item and Material 8 kg; $5/kg - Direct Labor for 3 hours; $16,40/hour - The activity information for November is as follows: Actual Production 6.300 units - Budgeted Production of 6,000 units Raw Material Purchase 50.000 kg Actual Direct Labor Costs $300.760 - Actual Direct Labor Hours: 18,250 hours DIMM Efficiency Deviation $1.500 (negative) DIMM Price Deviation $750 (positive) a- Calculate the direct labor price deviation? b- Calculate the direct labor productivity deviation? c- Calculate the amount of raw materials actually used in production? d- Calculate the actual raw material unit price (at purchase)?

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The image displays a case study with numerical details needed to calculate various types of variances specifically the direct labor price deviation direct labor productivity deviation the actual amoun... View the full answer