Question: Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: 941 units Budgeted production 1,061

 Use this information for Stringer Company to answer the question that
follow. The following data are given for Stringer Company: 941 units Budgeted
production 1,061 units Actual production Materials: $1.77 Standard price per ounce 10

Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: 941 units Budgeted production 1,061 units Actual production Materials: $1.77 Standard price per ounce 10 Standard ounces per completed unit 10,928 Actual ounces purchased and used in production $22,402 Actual price paid for materials Labor: $14.86 per hour Standard hourly labor rate Standard hours allowed per completed unit 4.1 Actual labor hours worked 5,464.15 Actual total labor costs $83,328 Overhead: Actual and budgeted fixed overhead $1,044,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable overhead costs $152,996 Overhead is applied on standard labor hours. Round your intermediate calculations and final answer to the rfearest cent. The direct materials price variance is a. $3,059.84 unfavorable b. $3,059.84 favorable c. $7,649.60 favorable Od. $7,649.60 unfavorable Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.03 Standard yards per unit: standard, 4.61 yards; actual, 5.18 yards Units of production: 9,000 Calculate the direct materials quantity variance. a. $10,413.90 favorable Ob. $9,849.60 favorable Oc. $10,413.90 unfavorable Od. $9,849.60 unfavorable Japan Company produces lamps that require 2 standard hours per unit at an hourly rate of $19.30 per hout Production of 5,600 units required 11,420 hours at an hourly rae of $18.90 per hour what is the direct labor for the following Enter taverable variances as negative numbers a Rate Variance b. Time Variance c Cost Varlance

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